The S&P 500 and Russell 2000 are used as benchmarks for broader segments of the U.S. stock market. Each index has its own approach to measuring stocks.  ( 23 min )

A futures contract is a standardized agreement to buy or sell the underlying commodity or other asset at a specific price at a future date.  ( 29 min )

Fed speakers are set to give their views on recent economic data and shares of electric vehicle maker Fisker fell after announcing a convertible debt plan. Here’s what investors need to know today.  ( 19 min )

Chinese tech stocks fall in the U.S. following concerning Chinese data, after a rally caused by hopes the regulatory crackdown on the sector is easing.  ( 26 min )

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(Bloomberg) -- Cava Group Inc.’s stock has surged since it started life as a listed company last month, and analysts generally agree further gains are on the way, with some comparing the fast-casual restaurant chain with another investor favorite: Chipotle Mexican Grill Inc.Most Read from BloombergPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionY  ( 8 min )

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Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar.  ( 26 min )

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The EV start-up announced plans to sell $300 million in convertible notes.  ( 29 min )

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Icahn and banks agreed to untie his personal loans from the trading price of Icahn Enterprises shares, The Wall Street Journal reported.  ( 26 min )

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Stocks were setting up to open lower Monday, kicking off a week where the focus will be on inflation, interest rates and the start of the second-quarter earnings season.  ( 7 min )

Foxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.  ( 6 min )

Fred Chapman has a message for Ford Motor Co, which is planning to build a sprawling factory on the outskirts of this town to make batteries for electric cars and which promises to employ 2,500 people. That’s a surprising view coming from Chapman, a 62-year-old toolmaker who has spent his whole career in manufacturing and watched, over the decades, as factory after factory in the region shut down, including one in Marshall that made auto parts where Chapman worked for nearly a decade. One of the most enduring ideas in the U.S. industrial heartland is that a manufacturing renaissance is necessary to finally shake the region's “Rust Belt” image.  ( 10 min )

Chinese tech stocks fell in the U.S. following concerning Chinese data, after a rally caused by hopes the regulatory crackdown on the sector is easing.  ( 26 min )

(Bloomberg) -- Carl Icahn is getting breathing room from banks more than two months after Hindenburg Research disclosed its short-selling report against the billionaire’s investment firm, the Wall Street Journal reported. Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen  ( 7 min )

↗️ Icahn Enterprises (IEP): Carl Icahn finalized agreements that untie his loans from the trading price of his investment company’s  ( 21 min )

(Bloomberg) -- European stocks are the cheapest they’ve ever been compared with their US peers, according to Citigroup Inc. strategists who have adjusted their global asset allocation to reflect this view.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesChina’s  ( 7 min )

Some two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for International Settlements (BIS) found in a survey published on Monday. Central banks around the globe have been studying and working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector amid an accelerating decline of cash.  ( 7 min )

U.S.-listed shares of Alibaba fall after surging 8% on Friday after China fined affiliate Ant Group nearly $1 billion, Meta's Threads surpasses 100 million users, and Delta and JPMorgan Chase kick off earnings season later this week.  ( 26 min )

The China Association of Auto Manufacturers (CAAM) said in a statement on Saturday it recognised the agreement had violated China's antitrust law and would retract it. Intense competitive pressure: Since January, when Tesla cut prices in China, about two dozen automakers have followed with price cuts of their own to stay competitive and stoke demand.  ( 8 min )

(Bloomberg) -- A stronger-than-expected corporate earnings season alone won’t be enough to boost the S&P 500 this time around, according to one of the most bearish voices on Wall Street.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesChina’s Flood of Plastic,  ( 7 min )

Dara Khosrowshahi just sold $4.5 million of shares of the ride-hailing firm he heads, his first sales of Uber stock since January 2021.  ( 26 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. reported better-than-expected sales on a boom in artificial intelligence applications demanding more of the industry-leading firm’s chipmaking capacity.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen’s China Trip Of  ( 7 min )

Icahn has agreed to increase his collateral and set up a plan to fully repay the loans in three years, the report said, citing people familiar with the matter. Icahn's company became the target of short-seller Hindenburg Research in May. Among other concerns, Hindenburg flagged that Icahn had pledged more than 65% of his IEP stake as collateral for margin loans for "unspecified purposes."  ( 6 min )

The announcement came after China's financial regulator on Friday fined the Alibaba Group affiliate $984 million for violating laws and regulations, a move seen by many industry observers as a sign that a regulatory crackdown on the country's technology sector is over. In addition a lot of other tech darlings have also corrected by a lot over the past two years, so they aren't alone.  ( 8 min )

Deal unties his personal loans from the trading price of Icahn Enterprises.  ( 27 min )

China's inflation data for June surprised on the downside, with consumer prices slipping 0.2% on the month to leave annual CPI dead flat. On the face of it, this implies there is plenty of scope to ease monetary and fiscal policy further. Japan's experience shows what deflation combined with a shrinking population can mean for an economy.  ( 7 min )

(Bloomberg) -- As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the world’s oldest and one of its largest is being eclipsed by its more ambitious, flashier neighbors. Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen’s  ( 9 min )

(Bloomberg) -- Miner Rio Tinto Group sees a host of near-term economic challenges in China, including in the country’s real estate industry, but reaffirmed its positive medium- and long-term outlook.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Street Soothsayers Are B  ( 7 min )

Investors can’t stop looking over their shoulders for major risks looming in markets.  ( 25 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

(Bloomberg) -- Investors in Asian assets faced a host of competing forces as trading got underway in the region in Monday, from the risk of higher interest rates and recession to a potential turning point for Chinese tech companies and constructive dialogue between Beijing and Washington.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingW  ( 9 min )

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(Bloomberg) -- China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in demand and adding to concerns about the threat of deflation in the economy.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Stree  ( 6 min )

BEIJING (Reuters) -China's factory-gate prices fell at the fastest pace in over seven-and-a-half years in June, while consumer inflation was at its slowest since 2021, adding to the case for policymakers to use more stimulus to revive sluggish demand. Momentum in China's post-pandemic economic recovery has slowed from a brisk pickup seen in the first quarter amid faltering manufacturing and lacklustre consumer confidence. The producer price index (PPI) fell for a ninth consecutive month, down 5.4% from a year earlier, marking the steepest decline since December 2015.  ( 6 min )

Hong Kong shares of Alibaba Group were set to open up 5.5% on Monday after China fined its affiliate, Ant Group, $984 million for violating "laws and regulations", fuelling hopes that a years-long regulatory crackdown has come to an end. Alibaba's stock was set to open at HK$88.95. On Saturday, Ant Group announced a share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020.  ( 6 min )

Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, while expected crude supply cuts from Saudi Arabia and Russia supported the market. Brent crude futures fell 22 cents, or 0.3%, to $78.25 a barrel by 0107 GMT, and U.S. West Texas Intermediate crude was at $73.57 a barrel, down 29 cents, or 0.4%. "Oil traders may be cautious ahead of the U.S. CPI and China's slew of economic data later this week," CMC Markets analyst Tina Teng said.  ( 7 min )

The dollar was on the back foot on Monday after a miss in U.S. jobs data scaled back market expectations on how much further the Federal Reserve would need to raise rates, while focus in the Asia day was on China's inflation data release. That sent the dollar tumbling nearly 1% against a basket of currencies on Friday while the yen and sterling surged. The Japanese yen last bought 142.30 per dollar in early Asia trade on Monday, having jumped 1.4% on Friday in the wake of the greenback's decline and a slump in U.S. Treasury yields.  ( 7 min )

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank and sovereign wealth funds published on Monday. The financial market rout last year caused widespread losses for sovereign money managers who are "fundamentally" rethinking their strategies on the belief that higher inflation and geopolitical tensions are here to stay. Over 85% of the 85 sovereign wealth funds and 57 central banks that took part in the annual Invesco Global Sovereign Asset Management Study believe that inflation will now be higher in the coming decade than in the last.  ( 8 min )

(Bloomberg) -- There's more pain on the way for the S&P 500 as profit warnings and fears of higher interest rates combine to threaten the key US stock indicator, according to the latest Markets Live Pulse survey.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Street Soot  ( 8 min )

Fed speakers are set to give their views on recent economic data and shares of electric vehicle maker Fisker fell after announcing a convertible debt plan. Here’s what investors need to know today.  ( 1 min )

Mensen met zonnepanelen kunnen vaak hun opgewekte zonnestroom niet kwijt. Liander ontving dit jaar 3400 meldingen van klanten die hun zonnestroom niet konden terugleveren.  ( 3 min )

De Consumentenbond ergert zich aan winkels die adviesprijzen gebruiken om klanten te lokken met nepkortingen. Het geeft de klant het gevoel iets te kopen met korting, maar dat valt in werkelijkheid nogal eens tegen.  ( 4 min )

Banken en andere verstrekkers verhogen deze week hun hypotheekrentes. Daarbij kunnen de tarieven oplopen met 0,15 of zelfs 0,20 procentpunt. Dat melden adviesbureaus Van Bruggen en De Hypotheekshop.  ( 3 min )

De inflatie in China is in juni gezakt naar nul procent. Dat kwam voornamelijk doordat er minder vraag is naar Chinese producten vanuit zowel binnen- als buitenland. Daardoor daalden de prijzen en dus de inflatie.  ( 3 min )

De Amerikaanse komiek Sarah Silverman en twee auteurs beschuldigen Facebook-moederbedrijf Meta en ChatGPT-ontwikkelaar OpenAI van auteursrechtschending. Volgens de schrijvers hebben de techbedrijven hun kunstmatige intelligentie zonder toestemming getraind met hun boeken.  ( 4 min )

Er werd 9,2 procent minder geproduceerd in de Nederlandse industrie dan een jaar eerder. Industriebedrijven laten al vijf maanden op rij een krimp zien.  ( 3 min )

Nederland heeft er de afgelopen jaren veel grote zonne- en windparken op land bij gekregen, maar het is de vraag of die trend doorzet. Volgens demissionair klimaatminister Rob Jetten is dat wel nodig, maar sommige provincies zien het niet zitten.  ( 5 min )

Steeds meer werknemers zijn langdurig uitgeschakeld vanwege stress- en burn-outklachten. Vooral het gestegen verzuim onder jongeren is zorgelijk. Veel bedrijven zijn nog altijd niet bereid of in staat de werkdruk te verlagen en uitval te voorkomen.  ( 6 min )

Thailand's Siam Motors partnered with Nissan Motors in 1962 with a factory that rolled out four cars a day, leading to a profitable, decades-long relationship with Japanese companies that transformed it from a car dealer to an automotive pioneer. Siam Motors is in talks with several Chinese automakers about potential partnerships, particularly for high-end electric vehicles, vice president Sebastien Dupuy said in an interview, referring to previously unreported discussions. "EVs will be a nice pocket of growth," he said.  ( 9 min )

On Wednesday, the Bureau of Labor Statistics will report the consumer price index for June and the Fed will release its Beige Book of economic conditions.  ( 26 min )

Judge dismissed a lawsuit brought by three survivors of the 1921 attack.  ( 26 min )

It hasn’t gone unnoticed that the market’s strong performance this year has been led by the mega-caps, with the tech giants largely responsible for the surge in the S&P 500 and NASDAQ. This has led many commentators to issue warnings about the lack of market breadth driving the gains, with many believing it indicates that the market is a lot more fragile than it looks. However, that is not the case at all, according to billionaire Ken Fisher, who thinks that “bad breadth” is a bullish indicator.  ( 11 min )

A clutch of key economic data releases showing whether China is starting to emerge from its post-lockdown funk, and monetary policy decisions - and more importantly, guidance - from New Zealand and South Korea will be the main regional drivers for Asian markets this week. Asian markets, however, continue to underperform. The MSCI World index is up 11% year to date.  ( 7 min )

Morningstar expects mortgage rates to plunge to 4.00% by 2025.  ( 7 min )

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Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Reporter Rebecca Bellan is back in the driver's seat the next couple of weeks as I stash my laptop and head out for some adventures (planes, ferries and bikes included). India has been leading the shift to electric two-wheelers, but the rollback of a popular government incentive has caused sales to nosedive, Jagmeet Singh reports. In May, the Indian government revised its incentive scheme, reducing subsidies from $183 per kWh (up to 40% of the vehicle price) to $122 per kWh of battery capacity (up to 15% of vehicle price).  ( 10 min )

(Bloomberg) -- Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission that the central bank was blindsided by the impact of shrinking its balance sheet four years ago.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingWall Street Soothsayers Are Bewildered About What’s NextKremlin  ( 10 min )

Second-quarter earnings season begins with results from JPMorgan, Citigroup, and Wells Fargo. Plus, June CPI and PPI inflation data and consumer and small business sentiment surveys.  ( 26 min )

A group of scientists from the University of Bath have developed a process for converting turpentine, a paper industry waste product, into chemical precursors used in making pharmaceutical drugs.  ( 6 min )

Many Wall Street economists have spent most of the past year warning that a recession was around the corner, and now they’re either retracting their calls or arguing the risks are fading.  ( 13 min )

Many Wall Street economists have spent most of the past year warning that a recession was around the corner, and now they’re either retracting their calls or arguing the risks are fading.  ( 13 min )

California-based Fisker is finally putting its first cars into the hands of U.S. customers, 2½ years after going public amid a frenzy on Wall Street for electric-vehicle makers.  ( 25 min )

The impact of rising interest rates will be in focus in the week ahead as investors await updates on inflation and the health of the banking sector.  ( 10 min )

Quarterly Monitor: Funds notched a 6.3% advance for the second quarter in a top-heavy market.  ( 26 min )

A potential levy on imported steel in food cans would help protect steelworkers but could lead to yet more price increases at the supermarket.  ( 27 min )

Energy stocks ended the week on a positive note, with the energy sector ETF, the XLE, closing out Friday’s trading up by over 2%, its largest one-day uptick in a month. In recent times there have been uncertainties regarding global demand, but there may be reason to believe that the oil market is starting to show signs of tightening. Shares of energy firms pushed higher in the session, but the question is, which stocks are set for further gains? A dive into the data will help us sort out the mos  ( 11 min )

(Bloomberg) -- Wall Street strategists are increasingly voicing concerns about the concentration of Big Tech stocks in this year’s stock-market rally. But if history is any guide, there’s little reason to fear.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Her VisitWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Violates AccordChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingJack Ma’s Clash With Beiji  ( 9 min )

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Even investors who understand that the stock market is volatile did not feel good about the losses stocks posted during 2022. The Standard & Poor's 500 Index dropped by nearly 20% and the average workplace retirement plan balance fell from … Continue reading → The post Here's How Much the Average Person Lost in Retirement Savings in 2022. How Do You Compare? appeared first on SmartAsset Blog.  ( 7 min )

To do retirement right you need a disciplined savings plan, a good understanding of Social Security, a sound investment strategy and a vision of retirement that provides for adequate self-fulfillment without overspending your fixed-income budget. Behind those simple principles lies … Continue reading → The post The Five Worst Retirement Mistakes to Avoid at All Costs appeared first on SmartAsset Blog.  ( 9 min )

Charlotte Bamber admitted to wire fraud and commodity price manipulation while trading oil products for Trafigura Group.  ( 7 min )

Navigating income taxes during retirement can be complex and your golden years are a time to relax and enjoy your hard-earned cash. Your IRAs, pensions, taxable accounts and Social Security distributions create various tax implications. So, it's vital to understand … Continue reading → The post Federal Tax Rates for Different Types of Retirement Income appeared first on SmartAsset Blog.  ( 10 min )

Britain’s ageing population poses a long-term threat to the economy and will affect interest rates for decades to come, Andrew Bailey has said.  ( 7 min )

Amazon's Prime Day brings discounts and deals for its members, but the sales event hasn't historically been a boost to the share price.  ( 19 min )

Young Americans, in particular, don’t know much about handling money. But they can fill the knowledge gap by reading these books.  ( 25 min )

Gen Z is investing younger than past generations with more than half owning investments. But what are the best stock picks to buy for the youth generation?  ( 9 min )

Learn exactly what the S&P 500 measures and why it's used by market participants as a tool to understand the broader stock market.  ( 23 min )

(Bloomberg) -- Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit returns they’ve posted over the past month are just the start of a rally.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Her VisitWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Violates AccordChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingYellen Had Candid Five-Hour Meeting Wi  ( 9 min )

The supreme court says businesses are free to refuse service on the basis of belief, but that doesn’t mean we should  ( 7 min )

Analysts expect S&P 500 companies to report their third consecutive quarter of declining profits.  ( 25 min )

A sharp rebound in U.S. Treasury yields is reviving old concerns on Wall Street.  ( 25 min )

Analysts warn that FedNow could upend lenders’ business models.  ( 26 min )

AIX-EN-PROVENCE, France (Reuters) - France's central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from some French economists to raise the European Central Bank's (ECB) 2% inflation target. Villeroy, who sits on the ECB's governing council, also said that its interest rate hikes were close to topping out and that rates would be kept at elevated levels long enough for the impact to feed through the economy. The aim is to bring inflation down to the 2% target by 2025, Villeroy said at an economics conference in the southern French city of Aix-en-Province.  ( 6 min )

By Louis Juricic and Sarina Isaacs  ( 9 min )

KPMG is giving extra training to its graduate recruits and hauling them into the office more regularly amid concerns that lockdown damaged Gen Z’s development and confidence.  ( 6 min )

Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: EV delivery numbers from Tesla, Ford, and more; GM apprehensive on EPA's emissions crunch; and a lawsuit against Rivian.  ( 9 min )

(Bloomberg) -- Billionaire Mukesh Ambani’s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over Dubai. This Tiny Emirate Wants to  ( 6 min )

In the aftermath of the financial crisis, Threadneedle Street slashed borrowing costs to 300-year lows – knocking five percentage points off interest rates in the space of just a year.  ( 9 min )

Jeremy Hunt will vow to axe nearly 100 pieces of “unnecessary, outdated and protectionist” EU legislation this week in a bid to turbocharge Britain’s financial services industry after Brexit.  ( 8 min )

Stretched mortgage borrowers are racing to take in lodgers in an attempt to help cover their bills.  ( 6 min )

(Bloomberg) -- Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid to raise prices — may trigger an economic contraction in what was the Group of 20’s fastest-growing country last year.Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Had Candid Five-Hour Meeting With China’s He, US SaysMacron Is Trying to Get Back on the Right Side of History — and NATOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish  ( 8 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

There are some positive signs that the freight market has cleared most of the post-pandemic rubble, but full recovery is still a ways off. The post Has the freight bubble burst? appeared first on FreightWaves.  ( 8 min )

While some Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (SEC) in frowning upon certain products offered by exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America  ( 9 min )

(Bloomberg) -- Once touted as a key driver of global oil profits, the plastics industry is staring down years of anemic margins as giant plants in China look set to send a deluge of production into the market. Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupMacron Is Trying to Get Back on the Right Side of History — and NATOYellen Had Candid Fiv  ( 8 min )

Employers can offer 401(k) matching for student loan payments, making it easier for employees with student loan payments to begin saving for retirement.  ( 20 min )

Understanding the basics of corporate bonds can increase your chances of positive returns and earning a profit on your investment.  ( 22 min )

Futures as an investment asset are not inherently riskier than other investment assets, such as equities or currencies.  ( 22 min )

Learn how poor company or sector performance, economic turmoil, and inflation can all cause the rate of return on investment to be negative.  ( 19 min )

Learn about the difference between capital gains and other types of investment income, such as dividends paid on stock or interest earned on a loan.  ( 19 min )

Understanding company valuation figures, such as shareholders' equity, is crucial in assessing a business.  ( 18 min )

The Federal Reserve System, commonly known as the Fed, is the central bank of the U.S., which regulates the U.S. monetary and financial system.  ( 27 min )

Student loan forgiveness programs can provide financial relief for teachers who took out education debt to pay for college.  ( 24 min )

The real economic growth rate is a measure of economic growth that adjusts for inflation and is expressed as a percentage.  ( 24 min )

The investing world loves to talk about fundamentals, but what do they mean? And how can you use them to help you make the right investing decisions?  ( 24 min )

The Greenberg School of Risk Management is an American college at St. John's focused on the actuarial sciences and other topics related to the insurance industry.  ( 22 min )

Michael L. Eskew was the Chair of the Board and CEO of United Parcel Service, Inc. (UPS) from 2002 to 2007.  ( 22 min )

Crypto regulatory sandboxes now support blockchain and cryptocurrency offerings to ensure adherence to regulations and security checks  ( 21 min )

Blitzkrieg? Scorched Earth? Dawn raids? Sounds like the markets and the battlefield have a few things in common.  ( 22 min )

Climate finance is a broad term relating to the role of finance in facilitating international responses to climate change.  ( 23 min )

U.S. Treasury Secretary Janet Yellen says her first trip to China in her current role marked a "step forward" in improving U.S.-China relations  ( 18 min )

The FATCA (Foreign Account Tax Compliance Act) compels U.S. citizens at home and abroad to file annual reports on their foreign account holdings.  ( 27 min )

Return on policyholder surplus is the ratio of an insurance company’s net income to its policyholder surplus.  ( 19 min )

Cheap options can be very risky, but you can reduce your risk by avoiding these 7 common mistakes when trading in cheap options.  ( 21 min )

If you are traveling in the U.S. and plan to go to Walmart, make sure your credit card is issued by American Express, Discover, Visa, or Mastercard.  ( 19 min )

How to pay your rent, mortgage, insurance, utilities, and other important bills if you are short on cash due to various circumstances.  ( 26 min )

The Dow Jones Industrial Average (DJIA) yield is the aggregate dividend yield on the 30 stocks that make up the Dow Jones Industrial Average.  ( 23 min )

The value of the S&P 500 Index is constantly changing. Learn how the S&P 500 is calculated using a free-float market capitalization-weighted methodology.  ( 22 min )

The S&P 500 Buyback Index tracks those stocks in the S&P 500 that have the largest annual share buyback ratios.  ( 21 min )

Amazon's Prime Day brings discounts and deals for its members, but the sales event hasn't historically been a boost to the share price.  ( 18 min )

Learn exactly what the S&P 500 measures and why it's used by market participants as a tool to understand the broader stock market.  ( 23 min )

Here is how the seasons of the year impact the housing market.  ( 22 min )

Electronics are the top choice for most Prime Day shoppers, with back-to-school items also popular for the summer sales event  ( 17 min )

The mortgage rate and the price of a home can make a big difference in monthly payments, your ability to move, and homeowners’ association fees if they're charged.  ( 24 min )

Learn about dividend payments and the S&P 500 index. Find out why the yield has trended lower over time due to changes in the economic environment.  ( 24 min )

Amazon's Prime Day brings discounts and deals for its members, but the sales event hasn't historically been a boost to the share price.  ( 1 min )

De EU en Nieuw-Zeeland hebben een akkoord ondertekend over een vrijhandelsverdrag. Ze beloven daarin importheffingen op veel van elkaars producten te verlagen. Volgens Europese Commissie-voorzitter Ursula von der Leyen zorgen de afspraken voor 30 procent meer handel met Nieuw-Zeeland.  ( 3 min )

Europese aluminiumbedrijven waarschuwen dat er manieren zijn om de CO2-belasting aan de Europese grens te omzeilen. Zij vrezen dat er daardoor nog steeds vies aluminium goedkoop de Europese markt op komt en oneerlijke concurrentie vormt voor hun 'schonere' aluminium.  ( 5 min )

De Franse regering is "erg hoopvol" over een mogelijke investering van autofabrikant Tesla in het land. Dat zei minister Bruno Le Maire van Economische Zaken over een bezoek van Tesla-topman Elon Musk aan Frankrijk vorige maand.  ( 3 min )

De rentetarieven van de Europese Centrale Bank (ECB) zullen een tijdlang hoog blijven nadat de periode van renteverhogingen voorbij is. Dat is nodig om de inflatie omlaag te krijgen, zei ECB-bestuurslid François Villeroy de Galhau.  ( 4 min )

Ga je deze zomer op vakantie en wil je internetten op je telefoon? Probeer dan de verleiding te weerstaan door niet met het eerste de beste vrij toegankelijke wifinetwerk verbinding te maken.  ( 3 min )

Reizigers naar Italië dreigen komende week te maken te krijgen met stakingen. Vakbonden hebben acties op het spoor aangekondigd die waarschijnlijk een groot deel van het treinverkeer stilleggen, melden Italiaanse media.  ( 3 min )

Als ploegleider van een professionele wielerploeg run je een bedrijf. Als het om ploegen gaat die meedoen aan de wedstrijd der wedstrijden, heb je het al gauw over een miljoenenbedrijf.  ( 6 min )

Boodschappen zijn de laatste jaren duurder geworden. Maar stijgen de prijzen in de supermarkt nog door in 2023? Boter, melk en eieren zijn in prijs gedaald. Tegelijkertijd ben je veel meer kwijt aan uien en zoetigheden, blijkt uit een analyse van NU.nl.  ( 6 min )

Despite weak global demand and depressed prices, China's imports of liquefied natural gas (LNG) hit a five-month high in June, even as Europe's much-anticipated buying frenzy failed to materialize.  ( 8 min )

(Bloomberg) -- The corporate bond market seems surprisingly blase about the risk of an economic downturn now. Most Read from BloombergAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupYellen Had Candid Five-Hour Meeting With China’s He, US SaysStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpMacron Is Trying to Get Back on the Right Side of History — and NATOUS job growth is slowing and consu  ( 9 min )

(Bloomberg) -- Inflation in the US likely continued to soften in June but a key measure of underlying price pressures is still running at an uncomfortable pace that keeps the Federal Reserve tilted toward resuming interest-rate hikes this month.Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Had Candid Five-Hour Meeting With China’s He, US SaysCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than  ( 10 min )

(Bloomberg) -- The bond-market selloff that sent some yields to the highest levels in more than a decade this week leaves investors straining to see past the Federal Reserve’s next move in July.Most Read from BloombergAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupYellen Had Candid Five-Hour Meeting With China’s He, US SaysStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpMacron Is Trying t  ( 8 min )

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(Bloomberg) -- Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio in the coming months? Perhaps worry less. Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextYellen Says US-China Ties on ‘Surer Footing’ After TripKremlin Says Turkey’s Return of Azov Defenders Violates AccordYellen Had Candid Five-Hour Meeting With China’s He, US SaysCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupSo say quant res  ( 8 min )

AIX-EN-PROVENCE, France (Reuters) - A "Chinese storm" is looming over Europe's growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia's superpower dominates key raw materials to make batteries for zero emission cars. China's recent decision to restrict exports of two metals - gallium and germanium - used in semiconductors and EVs should raise red flags for European leaders as it shows the continent's over-reliance on China and the need to build a costly supply chain, Senard said in an interview. "When I talk about a Chinese storm, I'm talking about the strong pressure today related to Chinese (electric) vehicle imports into Europe," Senard said.  ( 6 min )

An initial investment of $20 and a monthly contribution of $40, investors could make more than $38,000 in 30 years, assuming a 6% rate of return with 3% variance.  ( 8 min )

The Internal Revenue Service said it is holding about $1.5 billion in unclaimed tax refunds for the 2019 tax year.  ( 7 min )

(Bloomberg) -- Up and down Wall Street, forecasters were caught flat-footed by how the first half of 2023 unfolded in financial markets. That seems to have rattled their faith in what the winning playbook for the rest of it should be. Heading into the year, a handful of predictions dominated strategists’ annual outlooks. A global recession was imminent. Bonds would trounce stocks as equities re-tested bear-market lows. Central banks would soon be able to stop the aggressive rate hikes that made  ( 10 min )

Forget BYD: Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr.  ( 26 min )

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Workers making less than $50,000 were almost twice as likely to believe than can get a raise than they were two months ago.  ( 18 min )

Real estate can be a great addition to your portfolio if you're hoping to diversify and create passive income. And investment property loans can make it easier to purchase property if you're interested in owning real estate directly. However, qualifying … Continue reading → The post What Is an Investment Property Loan? appeared first on SmartAsset Blog.  ( 10 min )

You can produce $500 a month in passive income through savings accounts, certificates of deposit, stocks, bonds, funds and other investment vehicles. Each offers varying rates of return, degrees of safety, convenience, and liquidity. And each requires a significant initial … Continue reading → The post How to Make $500 a Month in Passive Income appeared first on SmartAsset Blog.  ( 8 min )

If someone leaves you money in their will but you don't want to wait until probate ends to claim it, you might consider getting an inheritance advance. An advance against an inheritance allows you to collect money that's set to … Continue reading → The post How Much Does an Inheritance Advance Cost? appeared first on SmartAsset Blog.  ( 9 min )

If you're torn between getting a life insurance policy and investing in the stock market, an indexed universal life (IUL) policy can serve both purposes. This product provides a death benefit to your heirs and returns based on index fund … Continue reading → The post Indexed Universal Life (IUL) vs. Roth IRA appeared first on SmartAsset Blog.  ( 11 min )

Taking out a home equity loan could make sense if you need cash for home improvements, repairs or other expenses. You might be wondering if you can refinance home equity loan debt to get a lower interest rate or change … Continue reading → The post How to Refinance a Home Equity Loan appeared first on SmartAsset Blog.  ( 9 min )

How can I find a certified financial planner (CFP) who is not associated with a brokerage house? I want truly independent advice and not steered toward selling me securities. I especially want tax advice. Everyone I have called turned out … Continue reading → The post Ask an Advisor: ‘I Want Truly Independent Advice.' How Can I Find a CFP Who's Not Associated With a Brokerage House? appeared first on SmartAsset Blog.  ( 9 min )

I'm a 65-year-old preparing for retirement within the next three to five years. I'm looking at different types of retirement funds. Would adding stocks that are dividend-structured along with gold and cryptocurrencies be a good mixture? -Earl Shifting from building … Continue reading → The post Ask an Advisor: I'm 65 Years Old and Going to Retire Soon. How Should I Structure My Portfolio? appeared first on SmartAsset Blog.  ( 9 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? -David As capital gains distributions are unpredictable and usually unknown until … Continue reading → The post Ask an Advisor: ‘How Can I Mitigate This Situation?' My Tax Bill Is Huge Because My Investment Accounts Don't Withhold Capital Gains appeared first on SmartAsset Blog.  ( 10 min )

Riding high after an “exceptional” 12 months for its consulting arm, partners at PwC UK last year took home a record seven-figure payout, while its rank-and-file staff were handed a 9pc pay bump before bonuses.  ( 8 min )

Private equity’s “extraordinary 40-year run is finished” as an era of cheap debt is replaced by higher interest rates, City figures have declared.  ( 10 min )

An Indian court rejected PepsiCo Inc's appeal against an order that revoked a patent for a potato variety grown exclusively for the New York-based company's popular Lay's potato chips. The Protection of Plant Varieties and Farmers' Rights (PPVFR) Authority in 2021 revoked intellectual protection granted to PepsiCo's FC5 potato variety, saying that India's rules do not allow a patent on seed varieties. The authority removed PepsiCo's patent cover after Kavitha Kuruganti, a farmers' rights activist, argued that the company cannot claim a patent over a seed variety.  ( 7 min )

The next meaningful moves could come soon, with significant consequences for producers' stocks, as several macroeconomic developments play out.  ( 30 min )

Costco memberships provide a huge source of the company’s revenue, which would otherwise have to come from higher product prices.  ( 26 min )

The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid "abnormal pricing" made two days earlier by 16 automakers, including Tesla.. Thursday's CAAM-organised pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signalling a truce in a price war that has threatened industry-wide profitability. But Elon Musk's EV giant Tesla on Friday rolled out a global programme letting buyers get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.  ( 7 min )

The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid "abnormal pricing" made two days earlier by 16 automakers, including Tesla.. Thursday's CAAM-organised pledge by the companies, including Chinese electric vehicle (EV) makers Nio, Li Auto and Xpeng, had been interpreted by some as signalling a truce in a price war that has threatened industry-wide profitability. But Elon Musk's EV giant Tesla on Friday rolled out a global programme letting buyers get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.  ( 6 min )

China’s Ant Gives Trapped Investors an Opportunity to Cash Out  ( 26 min )

(Bloomberg) -- Markets have turned against the UK for the second time in under a year as the outlook for inflation and growth darkens for an economy that’s already lagging behind the other Group of Seven nations.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProSummers Warns on Inflation Complacency, Sees More Bond DeclinesUkra  ( 10 min )

Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )

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Costs for meat, eggs and produce have been tamed, but inflation is running hot in grocery stores’ inner aisles, home to packaged food and household goods.  ( 22 min )

Founded in China as fast-fashion retailer, the company is now positioning itself as a marketplace for practically anything.  ( 21 min )

(Bloomberg) -- Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the company. Most Read from BloombergRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupUkraine Has Caught Up With Russia’s Tank Numbers, Data Signa  ( 8 min )

Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as the management seeks to replenish its staff incentive pool and let some investors exit after regulators fined the firm. Ant said it had proposed to all of its shareholders to repurchase up to 7.6% of its equity interest at a price that represents a group valuation of approximately 567.1 billion yuan. Ant's major shareholders, Hangzhou Junhan Equity Investment Partnership and Hangzhou Junao Equity Investment Partnership, have voluntarily decided not to participate in the repurchase, the company added.  ( 6 min )

Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest, it was announced Friday. The money covers damage from the Rey Fire as well as the costs of fighting the blaze, which was sparked by a fallen Edison power line, the U.S. Department of Justice announced. The companies agreed to pay without admitting wrongdoing or fault, according to the DOJ.  ( 7 min )

"We strongly believe in the Rivian long-term story and view a number of positive catalysts ahead along with firming demand and production."  ( 8 min )

If tech disappoints, it’s look out below for the S&P 500. But if banks post robust results, it could be up, up, and away for bank stocks.  ( 26 min )

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Fastfoodketen McDonald's beperkt het gebruik van tomaten voor zijn producten in India vanwege grote tekorten. Bij de meeste vestigingen in het noorden en oosten van India worden tomaten zelfs helemaal niet meer gebruikt voor hamburgers en wraps.  ( 3 min )

Huizenkopers zijn alweer gewend aan de gestegen hypotheekrente. De dip op de huizenmarkt lijkt voorbij en de prijzen stijgen alweer. Ondertussen neemt het aantal mensen voor wie een eigen huis vrijwel onbereikbaar is niet af. Geldt dat voor jou? Dan zijn wij voor een artikel op zoek naar jou.  ( 2 min )

Huizenkopers zijn alweer gewend aan de gestegen hypotheekrente. De dip op de huizenmarkt lijkt voorbij en de prijzen stijgen alweer. Ondertussen neemt het aantal mensen voor wie een eigen huis vrijwel onbereikbaar is niet af. Geldt dat voor jou? Dan zijn wij voor een artikel op zoek naar jou.  ( 2 min )

De voorzitter van de Franse autofabrikant Renault maakt zich grote zorgen over het risico dat China de leveringen van zeldzame aardmetalen stopzet. Volgens Jean-Dominique Senard snapt Europa niet goed genoeg dat het om een belangrijke strategische zaak gaat.  ( 3 min )

Tesla was in de eerste helft van dit jaar opnieuw koploper op de Duitse markt voor volledig elektrisch aangedreven auto's. Dat meldt zakenkrant Handelsblatt op basis van cijfers van het Kraftfahrt-Bundesamt (KBA), de Duitse versie van de RDW.  ( 3 min )

McDonald's beperkt het gebruik van tomaten in India vanwege grote tekorten. Bij de meeste vestigingen in het noorden en oosten van het land worden tomaten zelfs helemaal niet meer gebruikt in hamburgers en wraps.  ( 3 min )

Eindelijk leek sparen weer meer op te leveren dan beleggen. 2022 was een rampjaar voor beleggers. Maar in de eerste helft van 2023 schoten de koersen omhoog. "Dat leerde ons de les stilzitten", zegt beleggingstrainer Hans Oudshoorn.  ( 7 min )

Jarenlang kwam je voor je internetaansluiting thuis vrijwel altijd uit bij KPN of Ziggo. Maar doordat de aanleg van glasvezelnetwerken in een stroomversnelling is gekomen, hebben we nu echt wat te kiezen, concludeert toezichthouder ACM.  ( 4 min )

Op scholen zijn telefoons vanaf volgend jaar niet meer welkom. Het ding leidt zó af dat schoolprestaties eronder lijden. "Leraren kunnen niet op tegen een miljardenindustrie die drááit om aandacht trekken", zegt onderzoeker Sjerp van der Ploeg.  ( 4 min )

Eindelijk leek sparen weer meer op te leveren dan beleggen. 2022 was een rampjaar voor beleggers. Maar in de eerste helft van 2023 schoten de koersen omhoog. "Dat leerde ons de les stilzitten", zegt beleggingstrainer Hans Oudshoorn.  ( 7 min )

De leveringsproblemen in verschillende sectoren in ons land zijn grotendeels voorbij. De bouw, techniek en auto- en fietsenbranche draaien inmiddels op volle kracht en hebben genoeg op voorraad.  ( 5 min )

The net interest rate spread is the difference between a financial institution's average yield from loans and other interest-accruing activities and the average rate it pays on deposits and borrowings.  ( 21 min )

A front month, which is also called a near or spot month, is the nearest expiration date for a futures or options contract.  ( 21 min )

The Gordon growth model, also known as the dividend discount model, is often applied in Microsoft Excel to determine the intrinsic value of a stock.  ( 19 min )

Workers making less than $50,000 were almost twice as likely to believe than can get a raise than they were two months ago.  ( 18 min )

The third richest person in the world in 2023, Jeff Bezos’ has over 10% of stake in Amazon, and owns The Washington Post, space exploration company Blue Origin, and invests in real estate and other companies.  ( 21 min )

Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 24 min )

The Vanguard S&P 500 exchange-traded fund owns all 500 stocks within the S&P 500 index, offering investors a low-cost way to own U.S. equities.  ( 24 min )

Shares of First Solar and other solar power providers climbed in early trading on Friday after First Solar secured a five-year, $1 billion revolving credit facility.  ( 1 min )

As U.S. stock investors ponder what lies ahead in the rest of 2023, bulls have history on their side—but interest rates, possible recession remain key hurdles.  ( 1 min )

A spate of big-budget summer movies have already underperformed, and others are coming. Movie studios are concerned that in an age of streaming, moviegoers would rather stay at home to watch their summer fare.  ( 26 min )

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The attorneys general didn’t cite specific legal violations in their letter to the retailer.  ( 24 min )

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Letters to the editors of Barron’s about REITs, the federal deficit, weight-loss drugs, recession risks, Rockwell Automation, and more.  ( 26 min )

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(Bloomberg) -- Ashford Hospitality Trust Inc. expects to return 19 hotels to lenders in cities including Las Vegas and Atlanta, declining to pour more cash into the properties, which are part of a $982 million mortgage pool that missed a repayment deadline in June. Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorMusk Ultimatum t  ( 8 min )

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ADRs of Alibaba advanced 8% on Friday amid optimism that a nearly $1 billion fine by China on a related company could signal the end of a yearslong crackdown on Alibaba.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

(Bloomberg) -- Elon Musk sued the law firm that led the court fight to make him complete his takeover of Twitter, saying it took advantage of the company while running up a $90 million bill.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpSummers Warns on Inflation Complacency, Sees More Bond DeclinesPemex Platform Expl  ( 7 min )

Monmouth Capital Management allegedly racked up millions of dollars in commissions from client accounts, including some funded with payments received after the death of a service member.  ( 29 min )

Despite recent bullish economic data, Michael Gapen says he still expects a “mild recession” by the start of 2024.  ( 9 min )

If you’re considering opening a high-yield savings account, here's how to find the best savings account interest rates.  ( 9 min )

(Bloomberg) -- Investors are about to get a first look at what sell-side analysts have to say about Cava Group Inc. after the fast-casual restaurant chain delivered one of the biggest trading debuts in two years.Most Read from BloombergWall Street Soothsayers Are Bewildered About What’s NextAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupMacron Is Trying to Get Back on the Right Side of History — and NATOYellen Had Candid F  ( 8 min )

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(Bloomberg) -- A worrisome thought for the stock faithful: You won’t have the bears to kick around anymore.Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProMeta’s Threads App Draws Millions Seeking a Twitter AlternativeMusk Ultimatum to Taiwan Imperils Its Push to War-Proof InternetRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorFresh off the strongest first half for the S&P 5  ( 10 min )

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Stocks roses Friday as a weaker than expected June jobs report revealed a potential slowdown in the labor market.  ( 7 min )

Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.  ( 18 min )

BlackRock CEO Larry Fink's change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that's categorically different from the core idea behind digital assets, and could push the industry in the wrong direction.  ( 8 min )

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Bring up electric vehicles, or EVs, and you’re sure to hear a wide range of opinions. One thing is clear: the market for EVs is rapidly expanding. The tailwinds include both political and social pressures, but the industry itself is also driving the expansion. New models are coming out, battery technology – and vehicle range – are improving, and charging networks are expanding and growing more efficient. Every major economic and technological evolution opens up investment opportunities, and EV s  ( 11 min )

(Bloomberg) -- Costa Rica’s annual inflation rate turned negative in June after soaring to double digits last year, following a series of rate hikes, falling oil prices and a strong local currency.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOSummers Warns on Inflation Complacency, Sees More Bond DeclinesRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorApple Plans a Slow, Appointment  ( 6 min )

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Nikola is still short of votes to double its outstanding shares, but Delaware’s governor can give the company what shareholders have not. The post Nikola still trying to raise share count but proxies may not be needed appeared first on FreightWaves.  ( 7 min )

Shares of the giant companies that help energy producers around the world find and extract oil and gas are leading the market higher with some of their big U.S. customers not far behind. Schlumberger and Halliburton, which frack wells in Texas and orchestrate deep ocean drilling projects, are up mo  ( 22 min )

The firm’s general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling the largest crypto exchange.  ( 29 min )

Shares of Rivian Automotive surged more than 15% on Friday, extending gains for the eighth consecutive session, after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries. Rivian said on Monday it delivered 12,640 vehicles in the second quarter on steady demand from customers, beating market estimates. Multiple analysts have raised their price targets for Rivian's stock as the EV maker is seen as having overcome production and supply chain challenges that restricted deliveries.  ( 7 min )

Investors can earn more yield, potentially for a longer time, with these relatively low-risk income-producing options.  ( 27 min )

California franchisees say they will lose their independence if AB1228 becomes law, according to a new survey by the International Franchise Association.  ( 8 min )

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On Thursday, Ford Motor (NYSE: F) posted stellar second quarter results as it was boosted by its fleet and legacy truck units with the star of the show being U.S. trucks. It seems that after joining the EV King Tesla Inc (NASDAQ: TSLA) on the EV charging front, Ford is going straight towards its ambitious goals, however, its EV sales still remain small compared to its traditional automotive fleet and due to the work performed at its production facility, Ford lost its second place in EV sales for  ( 8 min )

The USD is still by far the world's most dominant currency, accounting for almost 90% of global foreign currency transactions.  ( 8 min )

The answer, as you might guess, has to do with Reddit and Ryan Cohen.  ( 6 min )

Rates on 30-year mortgages surged almost a third of a point, taking the flagship average well above its late May peak and establishing a new 20-year high.  ( 21 min )

While a double-digit dividend yield may appear enticing to income investors, it is crucial to exercise caution when approaching these ultra-high-yielding names. In a recent Lightning Round segment of CNBC's "Mad Money" program, a viewer asked host Jim Cramer about Annaly Capital Management Inc. (NYSE:NLY) — a mortgage real estate investment trust (mREIT) with an eye-popping yield. The company pays quarterly dividends of 65 cents per share, giving the stock an annual yield of 14%. But Cramer is n  ( 9 min )

(Bloomberg) -- Ukraine plans to nationalize Sense Bank, one of the country’s systemically important lenders, from its Russian owners as early as next week, according to a person familiar with the matter.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpSummers Warns on Inflation Complacency, Sees More Bond DeclinesRussia  ( 7 min )

An increasing number of Saudi oil supertankers have been spotted idle off the coast of Egypt, raising concerns, with the most likely cause speculated to be a lack of storage.  ( 6 min )

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A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a substantial $140 billion rise from the preceding quarter. The surge represents a 27% increase since late 2019, constituting the most significant upswing in debt accumulation since the 2008 financial crisis. Contrary  ( 8 min )

Losers among transportation startups are rapidly being defined, It will take longer to determine the winners. The post Carnage grows among transportation startups appeared first on FreightWaves.  ( 11 min )

Wedbush analyst Dan Ives boosts his price price target on Rivian to $30 from $25.  ( 26 min )

Mizuho analyst Vijay Rakesh increases his price target on Tesla to $300 from $230.  ( 26 min )

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The country's regulatory crackdown on its tech industry began with the scuttling of Ant's IPO in late 2020. An end to the saga bodes well for the entire sector.  ( 26 min )

(Bloomberg) -- The specter of recession looms as policymakers continue to grapple with inflation, but Delta Air Lines and PepsiCo seem to have found a sweet spot in consumer sentiment with their pricing power, set to be on display in next week’s earnings.Most Read from BloombergCEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish StartupAnt to Buy Back Shares at 70% Lower Valuation Than at IPOStock Market Short Sellers That Helped Fuel This Year’s Rally Are Finally Giving UpSummers Warns on  ( 9 min )

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its business overhaul.  ( 26 min )

JPMorgan upgraded, Exxon downgraded: Wall Street's top analyst calls  ( 9 min )

Mizuho analyst Vijay Rakesh increases his price target on Tesla to $300 from $230.  ( 26 min )

Investor sentiment has been largely positive, driven by a notable gain of 15% for the S&P 500 so far this year. It’s a powerful turnaround from last year’s bear trends, and justifies an upbeat outlook – or does it? Watching the market situation for Goldman Sachs, chief US equity strategist David Kostin notes that the gains are resting on a narrow base, and that does not bode well. A look at the NASDAQ index backs up Kostin’s point. The tech-heavy index is up 31% this year, but its gains are rest  ( 10 min )

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As the economy teeters on the edge, experts and investors are closely analyzing various indicators to predict the possibility of an impending recession. Recent events, such as the surge in Google searches for the term "recession" and the inversion of Treasury yields, have raised concerns in financial circles. Inflation rates have surpassed the Federal Reserve's desired levels, prompting the central bank to tighten its monetary policy through interest rate hikes. The Fed also has cautioned about  ( 9 min )

If you're going to the bank for a loan, you might think it would be easier as a millionaire. However, when it comes to high-net-worth lending, more money can mean more problems if the individual doesn't have conventional income or … Continue reading → The post How Does High-Net-Worth Lending Work? appeared first on SmartAsset Blog.  ( 9 min )

It is possible to retire comfortably at 45 if you have $1.5 million. However, it's not guaranteed to work. And whether it will for you depends on a number of variables, only some of which you can control. Having to … Continue reading → The post Can I Retire Comfortably With $1.5 Million at 45? appeared first on SmartAsset Blog.  ( 8 min )

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DISH Network Corp (NASDAQ: DISH) Chair Charlie Ergen is weighing the merger of the two halves of his telecom empire, Dish and EchoStar Corp (NASDAQ: SATS). The companies have engaged advisors, Reuters cites familiar sources. In 2008, EchoStar Communications, which Ergen founded as a satellite television equipment distributor in 1980, changed its name to Dish Network and spun off its technology arm as a new company named EchoStar. Currently, Ergen is desperate to sell some of Dish's assets, tryin  ( 7 min )

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Opendoor is one of 52 women-led Fortune 500 companies.  ( 8 min )

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Beijing’s export restrictions on two minerals this week show it is willing to use its dominance to rock Western supply chains.  ( 28 min )

(Bloomberg) -- The biggest cocoa trade in more than a decade is rattling the London exchange, bringing back memories of when a hedge fund manager known as “Chocfinger” tried to corner the market.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Year  ( 7 min )

China's regulatory crackdown on its tech industry began with the scuttling of Ant's IPO in late 2020. An end to the Ant saga bodes well for the whole sector.  ( 26 min )

The world’s largest smartphone maker's second-quarter forecast suggests it continues to struggle with slow semiconductor demand, despite cutting production.  ( 26 min )

The California-based company produced 1,022 units of its Ocean SUV in the quarter ended June, lower than 1,400-1,700 vehicles it had projected. "A few suppliers had challenges ramping to the targeted 2Q levels, as they did not receive components from sub-suppliers in a timely manner," Fisker said in an exchange filing, adding that it expected to produce over 1,400 vehicles in early July. Fisker, which will report second-quarter earnings on August 4, produced 55 vehicles in the March quarter.  ( 6 min )

Speed lunches, savvy connections, and being 'really blunt' have made Matt Swain of Triago a top player in direct-transaction private investing.  ( 22 min )

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Stock futures slipped Friday as investors waited for the release of the monthly US jobs report to provide a steer to the Federal Reserve's next move on interest rates.  ( 7 min )

Asian equity markets largely fell on Friday, taking their cue from the stock selloff in the U.S. as jobs data reinforced expectations of the Federal Reserve hiking interest rates and caused bond yields to soar. Australia’s ASX 200 index led the fall, dropping 1.7%, followed by Japan’s Nikkei 225, w  ( 10 min )

An Alzheimer’s treatment developed by Biogen and partner Eisai gets full approval from the Food and Drug Administration, Levi Strauss cuts its revenue outlook for the fiscal year, and Costco's same-store sales decline.  ( 26 min )

Tesla and its Chinese competitors have been locked in a months-long price war in a brutal battle for market share.  ( 8 min )

Clearly, many investors lack faith in the U.S. consumer.  ( 9 min )

Subway's CEO led turnarounds at Burger King and Avis. He's going for a three-peat at the sandwich chain ahead of a private equity sale.  ( 10 min )

President Joe Biden on Friday rolled out a new set of initiatives to reduce health care costs: a crackdown on what he called “junk” insurance plans that play consumers as ‘suckers,' new guidance to prevent surprise medical bills and an effort to reduce medical debt tied to credit cards. Biden is building on previous initiatives to limit health care costs, with the Department of Health and Human Services releasing new estimates showing 18.7 million older adults and other Medicare beneficiaries will save an estimated $400 per year in prescription drug costs in 2025 because of the president placing a cap on out-of-pocket spending as part of last year's Inflation Reduction Act. Republican lawmakers have criticized Biden's policies by saying they have spurred higher prices that hurt the well-being of families.  ( 7 min )

(Bloomberg) -- Chinese authorities are facing pressure to back up their reassuring rhetoric on the economy with more substantive action.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskShares in China are headed for the  ( 8 min )

(Bloomberg) -- Samsung Electronics Co. reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11  ( 9 min )

(Bloomberg) -- EFishery, co-founded by a former resident of a poor Jakarta neighborhood, became a rare Indonesian unicorn after raising $200 million in fresh funding.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskThe  ( 7 min )

(Bloomberg) -- Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to announce a fine of more than 8 billion yuan ($1.1 billion) on its fintech affiliate, drawing a line under the probe into the firm founded by Jack Ma. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send  ( 9 min )

(Bloomberg) -- Shares fell across Asia on Friday after stronger-than-expected private hiring data in the US roiled equities on Wall Street and pushed up Treasury yields.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskA  ( 9 min )

(Bloomberg) -- The yen may fall through the more-than three-decade low it reached last year amid Japan’s widening monetary policy divergence with the US, according to Eisuke Sakakibara. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Play  ( 8 min )

Can the AI-driven rally in growth stock funds continue? Large-cap growth funds are already up 24% this year, but so are valuations.  ( 26 min )

Sitting in cash and short-dated bonds has been rewarding this year. Now it’s time to lock in better yields.  ( 27 min )

Walmart, the world’s biggest retailer, stumbled in the early innings of the e-commerce revolution. Now that it has found its footing, it’s poised for big profits.  ( 45 min )

Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an end to the fintech company's years-long regulatory overhaul. The People's Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expected to disclose the fine in the coming days, the sources told Reuters. The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a stock market debut.  ( 7 min )

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major oil exporters to drive them higher.  ( 26 min )

Iran sold 1.6 million barrels of crude oil a day over the past two months, notching a five-year record.  ( 7 min )

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For the retail investor, insider trades are one of the best indicators of a stock’s potential future performance. The insiders, of course, are far more benign than the connotations of the name. They are corporate officers, residents of the C-suite, or members of the Board. Their positions give them a close-up view of a company’s inner workings, and that view guides them when they trade their own firms’ shares. The corporate insiders’ knowledge gives them an advantage in their trading, providing  ( 10 min )

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Learn the dynamics of investing in the S&P 500 Index through ETFs and mutual funds.  ( 31 min )

Find out some of the lower-risk ways to invest in foreign markets.  ( 20 min )

If you're planning to apply for a credit card, you may wonder how long it takes. Learn how long of a wait you can expect to receive your card.  ( 24 min )

ADRs of Alibaba advanced 8% on Friday amid optimism that a nearly $1 billion fine by China on a related company could signal the end of a yearslong crackdown on Alibaba.  ( 17 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )

Job creation came in lower than expected, and investors are still worried about higher interest rates, sending the Dow lower by about 190 points.  ( 17 min )

Mercedes-Benz is the first German-based electric vehicle maker to sign a deal to use Tesla superchargers in North America.  ( 16 min )

Home sales in hurricane-hit towns have jumped but insurance companies are moving out of the state.  ( 18 min )

Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.  ( 17 min )

Stocks trading on the OTC Pink Open Market include many good companies waiting to be discovered. Find out more about the OTC's three markets.  ( 24 min )

Chime’s high-yield savings account doesn’t charge a fee or require a minimum deposit. Learn more about Chime savings account interest rates and other features.  ( 22 min )

More than 7,100 student loan borrowers could get a check from the Consumer Financial Protection Bureau, refunding illegally collected fees from a student-debt relief company.  ( 17 min )

An unemployment claim is a request an individual makes to a state government to receive temporary payments after having been laid off from a job.  ( 24 min )

OTC Pink is the lowest tier of the three marketplaces for trading over-the-counter stocks provided and operated by the OTC Markets Group.  ( 22 min )

Before jumping into a life insurance policy, learn which decisions you have to make and what you can do to reduce your premiums before you apply.  ( 28 min )

The list of the 500 companies that make up the S&P 500 is called its constituent list and includes many well-known names.  ( 24 min )

Clients need to understand the full picture, including the good and bad of cryptocurrency investing.  ( 25 min )

Money market accounts have some similarities and differences when compared with money market funds. Learn more about how the two accounts compare.  ( 23 min )

Here's how Amazon's (AMZN) stock moved on the success of Prime Day in the past.  ( 20 min )

Like other businesses, advisory firms have rushed to embrace diversity, equity, and inclusion. So, what are the reputed benefits and how are firms approaching DEI?  ( 24 min )

Before meeting with a financial advisor for the first time, it's a good idea to find out what kind of information the advisor wants you to supply. This can save a lot of scrambling to collect paperwork later. Here is what you need to know.  ( 24 min )

For the LGBTQ+ community, planning for retirement involves more than finances. You'll also want an LGBTQ+-friendly retirement environment. Here's how to find one.  ( 25 min )

Dry powder in the financial world is used in reference to an individual company's cash reserves, or to an investor's liquid assets.  ( 18 min )

U.S. equities were mixed at midday on Friday, July 7, 2023 after the government's June jobs report showed job creation slowed.  ( 16 min )

Rates on 30-year mortgages surged almost a third of a point, taking the flagship average well above its late May peak and establishing a new 20-year high.  ( 20 min )

Uber Eats, GrubHub, and DoorDash are suing New York City over a new law that would set a minimum wage for app-based food delivery workers, saying it would lead to higher costs and reduced service.  ( 18 min )

The Pink market is an electronic over-the-counter market that connects brokers and dealers for trading in stocks. Learn the Pink market's risks and advantages.  ( 24 min )

Shares of First Solar and other solar power providers climbed in early trading on Friday after First Solar secured a five-year, $1 billion revolving credit facility.  ( 16 min )

Pink sheets is an outdated term used to describe stocks that trade over-the-counter (OTC) in the U.S. rather than on a major stock exchange.  ( 26 min )

U.S. employers added 209,000 jobs in June, fewer than forecasts, but economists say the gains likely remained too high to prevent more interest rate hikes by the Fed.  ( 17 min )

American depositary receipts of Alibaba rose after unveiling an artificial intelligence tool that can create images in response to text prompts as the competition for AI products heats up.  ( 17 min )

Mario Draghi is the Prime Minister of Italy. He was president of the European Central Bank from 2011 to 2019.  ( 23 min )

The Biden administration announced a series of healthcare initiatives on Friday aimed at lowering healthcare costs and protecting consumers from fraudulent insurance plans and excessive fees.  ( 17 min )

Levi's shares dropped about 8% in early trading on Friday following news of a $1.6 million loss in the second quarter and a downward adjustment of its projected revenues in this fiscal year.  ( 18 min )

The Old Lady is a nickname for the Bank of England, originating from a 1797 political cartoon.  ( 19 min )

Six-in-ten Americans said that higher interest rates were hurting their finances, while another 38% said they benefited from higher rates, a new survey shows.  ( 18 min )

The government's latest jobs report is expected to show continued strength in the labor market and the FDA gives approval to a new Alzheimer’s disease treatment. Here’s what investors need to know today.  ( 18 min )

Job creation came in lower than expected, and investors are still worried about higher interest rates, sending the Dow lower by about 190 points.  ( 1 min )

U.S. equities were mixed at midday on Friday, July 7, 2023 after the government's June jobs report showed job creation slowed.  ( 1 min )

The government's latest jobs report is expected to show continued strength in the labor market and the FDA gives approval to a new Alzheimer’s disease treatment. Here’s what investors need to know today.  ( 1 min )

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Shares of First Solar and other solar power providers climbed in early trading on Friday after First Solar secured a five-year, $1 billion revolving credit facility.  ( 1 min )

Mercedes-Benz is the first German-based electric vehicle maker to sign a deal to use Tesla superchargers in North America.  ( 1 min )

Costco shares fell more than 2% on Friday after comparable store sales dropped in June as gas prices tumbled.  ( 1 min )

Een aanhoudende ruzie tussen Philips en Lidl over scheerapparaten krijgt een vervolg. De Hoge Raad besliste vrijdag dat de zaak over een apparaat van Lidl dat te veel zou lijken op twee apparaten van Philips deels moet worden overgedaan.  ( 3 min )

Supermarktketen Albert Heijn gaat stoppen met de verkoop van messen in de winkels. Dat bevestigt een woordvoerder na berichtgeving van NH Nieuws. In juni werd in een Haags filiaal een supermarktmedewerkster neergestoken, waarna zij overleed aan haar verwondingen.  ( 4 min )

De productie van Ford Fiesta's komt vrijdag na bijna vijftig jaar tot een einde. De bestverkopende auto van het Verenigd Koninkrijk moet plaatsmaken voor elektrische modellen.  ( 3 min )

Supermarktketen Albert Heijn gaat stoppen met de verkoop van messen in de winkels. Dat bevestigt een woordvoerder na berichtgeving van NH Nieuws. In juni werd een supermarktmedewerker neergestoken, waarna zij overleed aan haar verwondingen.  ( 4 min )

Je hebt geen toegang meer tot Twitter of Reddit met populaire apps zoals Tweetbot en Apollo. Beide platforms zijn op zoek naar nieuwe inkomstenbronnen. Daarom vragen ze sinds kort geld aan appontwikkelaars voor toegang tot hun systemen.  ( 4 min )

De enige autofabriek in Nederland heeft later dit jaar mogelijk een nieuwe opdrachtgever. VDL Nedcar heeft een intentieovereenkomst getekend met een bedrijf dat overweegt zijn auto's in Born te laten bouwen.  ( 3 min )

Een klimaatfonds met daarin 34 miljard euro subsidie voor groene investeringen is door de Tweede Kamer goedgekeurd. Het kabinet wist steun te krijgen van onder meer GroenLinks en PvdA, waardoor het plan met een ruime meerderheid is aangenomen.  ( 3 min )

Minister Rob Jetten (Klimaat en Energie) heeft een klimaatpakket van 28 miljard euro gepresenteerd. Op ons reactieplatform NUjij regende het deze week vragen over de opwarming die dat pakket moet voorkomen: 0,000036 graden wereldwijd. Hoe zit dat?  ( 8 min )

Je hebt geen toegang meer tot Twitter of Reddit met populaire apps zoals Tweetbot en Apollo. Beide platforms zijn op zoek naar nieuwe inkomstenbronnen. Daarom vragen ze sinds kort geld aan appontwikkelaars voor toegang tot hun systemen.  ( 4 min )

Kippenboeren kunnen hun vrije-uitloopkippen vanaf vandaag weer buiten laten lopen doordat de ophokplicht gedeeltelijk vervalt. Dat zorgt al snel voor de terugkeer van vrije-uitloopeieren in de winkel. Maar er zijn twijfels of de consument hier nog op zit te wachten.  ( 5 min )

Chinese Tesla-kopers kunnen 3.500 yuan (bijna 500 euro) terugkrijgen na aankoop van een nieuwe auto. Hiermee zet Tesla de prijzenoorlog in China op scherp.  ( 3 min )

Je hebt geen toegang meer tot Twitter of Reddit met populaire apps zoals Tweetbot en Apollo. Beide platforms zijn op zoek naar nieuwe inkomstenbronnen. Daarom vragen ze sinds kort geld aan appontwikkelaars voor toegang tot hun systemen.  ( 4 min )

De Europese Commissie start een diepgravend onderzoek naar de overname van stofzuigerfabrikant iRobot door Amazon. Brussel is bang dat het bedrijf te machtig wordt op de markt voor robotstofzuigers en andere merken gaat weren uit zijn webwinkel.  ( 3 min )

De nieuwe app Threads van Instagram-moederbedrijf Meta gaat de strijd aan met Twitter. Met nu al ruim dertig miljoen gebruikers maakt Threads een vliegende start. Maar de app is nog verre van perfect.  ( 4 min )

Het gerechtshof Amsterdam heeft vrijdag besloten dat Schiphol tóch moet krimpen. Daardoor mogen er niet langer 500.000 vliegtuigen per jaar landen of opstijgen. Dat is een grote opluchting voor de omwonenden, die last hebben van het lawaai.  ( 3 min )

Schiphol koopt negentien bagagerobots in om het zware sjouwwerk te verlichten. De Arbeidsinspectie wees de luchthaven er in maart al op dat het zo niet langer kon.  ( 3 min )

De Russische munt is fors in waarde gedaald. Alleen bij de start van de oorlog in Oekraïne betaalden Russen meer roebels voor een euro dan nu. De oorzaak lijkt de opstand van de Wagner Group van eind juni.  ( 3 min )

Er waren in 2022 minder mensen met een beperking aan het werk bij de overheid. Dat staat haaks op de afspraak dat ze meer werkgelegenheid voor deze groep moet creëren. Dankzij andere werkgevers kwamen er onder de streep toch banen bij.  ( 4 min )

De Duitse industrie komt nog steeds niet op gang. De productie daalde in de maand mei onverwacht en is nog steeds lager dan voor de coronapandemie. Daardoor blijft de vrees voor een diepere recessie in Duitsland.  ( 3 min )

Twitter beschuldigt Meta van valsspelen met zijn nieuwe berichtendienst Threads. Volgens het bedrijf van Elon Musk heeft het Instagram-moederbedrijf tientallen voormalige Twitter-medewerkers in dienst die toegang hadden tot de bedrijfsgeheimen van het platform.  ( 3 min )

De nieuwe app Threads van Instagram-moederbedrijf Meta gaat de strijd aan met Twitter. Met nu al ruim dertig miljoen gebruikers maakt Threads een vliegende start. Maar de app is nog verre van perfect.  ( 4 min )

Het gerechtshof in Amsterdam beslist vandaag of er gesneden mag worden in het aantal vluchten op Schiphol. Daar mogen nu nog 500.000 vliegtuigen per jaar landen of opstijgen, maar dat moet van het kabinet omlaag naar 440.000. Vooral KLM voelt daar niets voor.  ( 4 min )

Investors still follow an old set of principles, known as modern portfolio theory (MPT), that reduce risk and increase returns through diversification.  ( 22 min )

America's power to influence and impede trade and immigration goes far beyond the military's reach. Here's a look at countries with U.S. sanction programs.  ( 23 min )

Discover how MetaBank's NetSpend overdraft protection works and how much it charges for each overdraft transaction.  ( 20 min )

A business auto coverage form is a form that describes the key elements of a business auto policy (BAP).  ( 18 min )

The conforming loan limit is the annually adjusted dollar cap on the size of a mortgage that Fannie Mae and Freddie Mac will purchase or guarantee.  ( 19 min )

Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.  ( 23 min )

Bausch + Lomb purchased Blink brands from a J&J subsidiary for $106.5 million to expand its over-the-counter offerings.  ( 16 min )

For the first time in nearly a year, the average home sold for more than its asking price during the four weeks ending July 2.  ( 17 min )

The Dow Jones Industrial Average fell 1.1%, or 366 points, Thursday after private sector payroll data showed that the labor market remains strong, raising fears that the Federal Reserve could hike rates faster or higher than planned.  ( 17 min )

A study finds 41% of workers think future retirees will be worse off financially than those currently retired.  ( 16 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Endowment life insurance combines life insurance with a long-term savings plan. Learn how endowment life insurance policies work and about their pros and cons.  ( 24 min )

A bad check is one that's drawn on an account that doesn't exit or on an account with insufficient funds to honor the amount of the check when it's presented for payment.  ( 23 min )

Discover the least stressful jobs in America. Our list includes average salary, education requirements, and job outlook for these low-stress careers.  ( 27 min )

In FX, it's not the price environment that decides this for you. Learn the differences to see which you prefer.  ( 22 min )

Proxy materials for shareholders to vote on arrive before corporate annual meetings. They contain information about board make-up, executive compensation, and more.  ( 24 min )

A fixed cost is a cost that does not vary with the level of production or sales.  ( 27 min )

If you fall behind on your personal loan payments, at the very least, your credit score will likely take a hit as the late payments remain on your credit report for a minimum of seven years.  ( 23 min )

While personal loan balances will vary between different kinds of borrowers, Americans on average have approximately $8,018 in personal loan debt as of Q4'22.  ( 21 min )

Layoff announcements sank in June to the lowest level since October, but remained higher than a year ago, according to a survey from outplacement and executive coaching firm Challenger, Gray & Christmas.  ( 17 min )

The Dow, S&P 500, and Nasdaq were all down more than 1% midday as investors reacted to new job numbers.  ( 16 min )

The City of London Corporation is a governing body made up of 125 elected representatives that exercises the powers of a local authority  ( 24 min )

The number of positions available dipped to 9.8 million, second-fewest in more than two years.  ( 16 min )

Record Chinese electric vehicle sales in June boosted Tesla deliveries, leading to retail buying in stocks such as Rivian.  ( 17 min )

Free of Particular Average (FPA) is an insurance contract clause that eliminates an insurer’s liability for partial losses.  ( 20 min )

Exxon Mobil Corp’s stock fell 2.4% in early trading Thursday after the company warned falling natural gas prices, lower margins, and soft demand could shave billions off its second-quarter earnings.  ( 17 min )

Learn about the various types of life insurance (term life, whole, universal variable, and final expense) and how to decide which is best for you.  ( 27 min )

London's financial districts encompass Canary Wharf, the Square Mile, and Lombard Street, each with its distinct characteristics.  ( 25 min )

Learn about U.K. pension schemes, including the State Pension, workplace pensions, and personal pensions, to plan for a secure financial future during retirement.  ( 21 min )

Meta Platforms’ (META) newest creation, a social media app called ‘Threads’, attracted 10 million users in just seven hours after launching late yesterday.  ( 17 min )

Rates on 30-year mortgages rose by a 8 basis points, following a one-day decline after seven prior days of continuous growth. Most other averages also increased on Wednesday.  ( 20 min )

Philip N. Jefferson is an American economist who, in May 2023, was named Vice Chair of the Federal Reserve Board (FRB). This is the board’s second-highest position, and makes Jefferson a powerful voice in determining U.S. economic policy.  ( 21 min )

In the commodity futures markets, the term “back months” refers to the futures contracts whose delivery dates are relatively far in the future.  ( 18 min )

Learn how to halt options losses when the market moves quickly in an unfavorable direction.  ( 24 min )

Yield to maturity (YTM) is the total return expected on a bond if the bond is held until maturity.  ( 29 min )

There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )

A V-shaped recovery refers to a type of economic recession and recovery that resembles a 'V' shape in charting. It involves a sharp rise back to a peak after a sharp decline.  ( 26 min )

Created in 1789, the U.S. Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes, and bills. Discover more here.  ( 20 min )

JetBlue hopes to salvage its $3.8 billion Spirit acquisition by ending the Northeast Alliance with American Airlines following a court ruling.  ( 17 min )

Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 21 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )

Meta’s new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here’s what investors need to know today.  ( 18 min )

Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver. Read more about dollars, euros, and other fiat money.  ( 29 min )

High mortgage rates are keeping would-be buyers out of the market as rents in New York reach records.  ( 16 min )

Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 20 min )

Denationalization, also known as privatization, is the process of turning government-owned services over to private companies.  ( 25 min )

Bridging the gap between fiat currency and cryptocurrency, stablecoins aim to achieve stable price valuation using different working mechanisms.  ( 26 min )

he race for critical minerals has gone global in recent years, and companies that are able to extricate themselves from China’s grasp may become strategically vital  ( 17 min )

Concordia said it bought 8.18 million shares of Rothschild at 46.60 euros per share. The Rothschild family said in February it was seeking to take the bank private. Rothschild in May posted a 10% drop in first-quarter sales, as global mergers and acquisition activity fell to the lowest level in more than a decade.  ( 6 min )

(Bloomberg) -- Starbucks Corp. violated federal labor law when it shut down a unionized store in Ithaca, New York, a US labor board judge ruled Thursday.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskUS National Labor  ( 8 min )

Mergers on Wall Street have a way of creating substantial volatility. Usually, the company that makes the acquisition immediately loses a few points, while the company that is acquired skyrockets because of the price premium it receives on the deal. Investors who own the acquiring company hope that the merger will create substantial earnings and revenue that will propel the stock higher down the road. But it doesn’t always work out that way. One well-known example of a deal that went south was t  ( 9 min )

ESS had flatly denied the allegations and vowed to fight them.  ( 9 min )

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The cost of gasoline was sky high a year ago, boosting the top line, but the market has turned around.  ( 26 min )

Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA.  ( 9 min )

Senior members of Binance’s legal and compliance team left the company this week.  ( 7 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Stocks fell on Thursday after strong labor data spurred fears around further Federal Reserve interest rate hikes, reviving concerns about the impact of those hikes on the economy.  ( 7 min )

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Cronos Group Inc, the Canadian cannabis producer backed by cigarette maker Altria Group Inc, is exploring options that include a potential sale after attracting acquisition interest, according to people familiar with the matter. Spokespeople for Altria did not immediately respond to a request for comment. The sale talks involving Cronos come at a time of uncertainty for the cannabis industry, as more favorable regulatory regimes in North America have fueled fierce competition among a growing field of companies.  ( 7 min )

Stocks fell on Thursday after strong labor data spurred fears around further Federal Reserve interest rate hikes, reviving concerns about the impact of those hikes on the economy.  ( 7 min )

FedEx is encouraging UPS shippers to get off the fence today. It is also setting policies for onboarding. The post FedEx advises UPS shippers to get on board now appeared first on FreightWaves.  ( 7 min )

(Bloomberg) -- Canadian companies are at risk of facing higher interest costs as an unintended consequence of a government proposal to eliminate the country’s C$260 billion ($195 billion) mortgage bond program, an investors’ lobby group has warned.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Swoon After Jobs Data Dashes Rate Cut Hopes: Markets WrapNYC Air Quality Drops to Unhealthy Level  ( 7 min )

(Bloomberg) -- Hotter-than-expected private hiring data has woken up Wall Street’s chief fear gauge after weeks of quiet in volatility markets. One trader is betting it’s just the start of a new round of turbulence. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskNYC Air Quality  ( 7 min )

(Bloomberg) -- From wrong-way calls on bonds to Big Tech and the economy, it’s been an awful year for conventional wisdom. So when almost four in five Wall Street pros tell you the stock market is too calm, the savviest thing to do is to bet it stays that way.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalBiden Set to Send Cluster Muniti  ( 10 min )

(Bloomberg) -- A massive luxury student housing complex in Texas is still showing signs of financial strain.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Swoon After Jobs Data Dashes Rate Cut Hopes: Markets WrapNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskNCCD-College Station Properties LLC failed  ( 7 min )

Bud Light has been fighting an uphill battle since it partnered with transgender social media influencer Dylan Mulvaney in April. While Mulvaney has 10.6 million followers on TikTok, the collaboration triggered a backlash on social media and led to a boycott by some beer drinkers. The New York Times recently reported that at Glenn Miller's Beer & Soda Warehouse in Lemoyne, Pennsylvania, a 30-pack of Miller Lite was selling for $24.99. In contrast, a 30-pack Bud Light was priced at just $8.99 aft  ( 8 min )

Sweetgreen shares are moving higher after Bank of America upgraded its rating from neutral to buy.  ( 8 min )

Jeremy Grantham is one of those investors who has achieved legendary status in his own lifetime. He’s made a fortune, and a reputation, as a contrarian – an investor who takes a bearish look at the market, and has a knack for calling, and avoiding, asset bubbles. And right now, Grantham points out that the stock markets are showing all the signs of a bubble on the edge of bursting, and he’s predicting a 70% chance that the market will crash in the near-term. In brief, Grantham believes current m  ( 11 min )

Kevin O’Leary, renowned investor and star of "Shark Tank," has challenged Tesla Inc. CEO Elon Musk‘s controversial assertion that working from home is “immoral.” O’Leary, who oversees a vast business empire consisting of 54 companies, has expressed his support for remote work and rejects any notion of immorality associated with it. Musk, the influential figure behind Tesla and Twitter, recently launched a scathing critique of remote work, questioning its ethical implications. He argued that whil  ( 9 min )

After dealing with a battery issue and plant upgrades, Ford EV sales rebounded in the second quarter compared with the first quarter of 2023.  ( 29 min )

Critics are calling for a boycott of Ben & Jerry's after the ice-cream brand's July 4th tweet but parent company Unilever looks insulated from a backlash.  ( 29 min )

The first half of 2023 is in the books, and it has been a pretty good year for the JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI). The ETF, which features a dividend yield of just over 10%, has taken in $10 billion in net inflows (as of late June), more than all but two other ETFs, the massive Vanguard S&P 500 ETF and the iShares 20+ Year Treasury Bond ETF, which is quite an achievement given the ubiquity of these passive ETFs. Not only that, but the inflows have increased JEPI’s assets unde  ( 9 min )

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The key is to buy a basket of the cheap ones, so that gains in a few of them can offset disappointing performance in others.  ( 29 min )

A federal judge said Rivian Automotive must face a lawsuit claiming it defrauded shareholders during and after its blockbuster 2021 initial public offering by concealing that had underpriced its electric vehicles, leading to unpopular price hikes. U.S. District Judge Josephine Staton in Los Angeles said shareholders could try to prove that Rivian, which is not profitable, knew it would have to raise prices on its R1S SUV and R1T pickup truck because of higher materials costs, to avoid even bigger losses. Rivian's share price slid 39% over 10 days after the Irvine, California-based company on March 1, 2022 raised the R1S price to $84,500 from $70,000 and the R1T price to $79,500 from $67,500, angering customers on social media and elsewhere.  ( 7 min )

Stocks extended earlier losses in Thursday morning trading as traders anticipated more hawkish moves from the Federal Reserve. The Dow Jones Industrial Average was down 448 points, or 1.4%. It would be the Dow's largest one-day decline since March 22. The S&P 500 declined 1.2%, while the Nasdaq Com  ( 12 min )

(Bloomberg) -- Wall Street’s outlook for US stocks remains near a six-year low even after surging last month, a contrarian sign that suggests brighter times ahead, according to Bank of America Corp.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeStocks Stumble as Traders Turn to Payroll Data: Markets WrapUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalZuckerberg’s First Tweet in 11 Years Is Playful Jibe at MuskNYC Air Quality Drops to Unhealthy  ( 8 min )

Argentina's central bank is set to hold its benchmark interest rate steady at 97% in the near term with optimism that monthly inflation will slowly ease, two bank sources said on Thursday, a boost for the government ahead of primary elections next month. The South American nation has annual inflation running at 114%, though the monthly CPI rise slowed slightly in May to 7.8% from a peak the month before. One of the sources, a central bank adviser, said inflation in June was expected to slow further.  ( 6 min )

Stocks dropped shortly after the market opened on Thursday as traders reacted to the latest wave of economic data. The Dow Jones Industrial Average declined 322 points, or 1%. The S&P 500 was down 1%, while the Nasdaq Composite slid 1.1%. ADP said [private-sector job growth](https://www.barrons.co  ( 13 min )

During Thursday’s trading session, the euro exhibited a state of indecisiveness, with its rate fluctuating within a specific range – the 50 Day EMA and the 1.09 level.  ( 7 min )

Most people's income comes as the direct result of work - you get a job, show up, hopefully perform decently well and then money shows up in your bank account. Some people, though, look to set up streams of passive … Continue reading → The post Passive Income: How Is It Taxed? appeared first on SmartAsset Blog.  ( 9 min )

A Roth IRA gets favorable tax treatment that can help you accumulate funds for retirement. Despite the advantages, you can lose some or all of the money you put into a Roth IRA. One possible reason for a decline in … Continue reading → The post Can You Lose Money in a Roth IRA? appeared first on SmartAsset Blog.  ( 9 min )

Ford Motor Co on Thursday reported a near 10% rise in second-quarter U.S. auto sales, helped by strong demand for personal vehicles and easing supply chain disruptions. The U.S. automaker's quarterly sales rose to 531,662 vehicles from 483,688 vehicles a year earlier. Ford joins global rivals in reporting a rise in U.S. sales, as a steady jobs market despite the Federal Reserve's hawkish monetary policy boosted demand.  ( 6 min )

Legendary billionaire investor and Berkshire Hathaway Inc. CEO Warren Buffett believes that value investing still holds significant opportunities despite the market's changing landscape. During Berkshire Hathaway's annual shareholders’ meeting, Buffett expressed optimism about the future of value investing, citing the prevalence of "other people doing dumb things" as a key driver of these opportunities. "What gives you opportunities is other people doing dumb things," Buffett said. "During the 5  ( 8 min )

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Stocks fell at the open on Thursday after strong labor data spurred fears around further Federal Reserve interest rate hikes, reviving concerns about the impact of those hikes on the economy.  ( 7 min )

Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish.  ( 29 min )

Live coverage of what's moving stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 21 min )

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Following are responses from some companies to the announcement of curbs from Aug. 1 on Chinese gallium and germanium exports. The German automaker said gallium and germanium played a role in future autonomous driving functions. * Taiwan's TSMC, the world's largest contract chipmaker, said it did not expect any direct impact on its production but would continue monitoring the situation.  ( 7 min )

Trucking giant Yellow said it may run out of money sometime this month. The union boss says he doesn’t mind it happening. The post Why Teamsters is willing to sacrifice 22,000 union trucking jobs appeared first on FreightWaves.  ( 10 min )

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Live coverage of what's moving stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 21 min )

Stocks were setting up to fall at the open on Thursday after the Federal Reserve's messaging spurred expectations for an interest-rate increase in July, reviving concerns about the impact on the economy.  ( 7 min )

Meta Platforms launches Threads, its rival to Twitter; Bank of America raises its quarterly dividend; and JetBlue says it will wind down its joint venture with American Airlines.  ( 27 min )

The low-cost airline reiterated that it strongly disagrees with the ruling but said it has made the “difficult decision” to begin terminating its alliance with American Airlines in the New York and Boston areas.  ( 27 min )

Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers.  ( 30 min )

Exxon said profits fell sharply in the second quarter compared with last year.  ( 24 min )

The new top dogs in China’s electric vehicle market are starting to thin out the pack. Tesla is in the running, but most other foreign brands aren’t.  ( 29 min )

(Bloomberg) -- Equity benchmarks across Asia fell on Thursday with Hong Kong shares leading the losses in a broad, risk-off move across global markets.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapFed Minutes Reveal Divisions Over Decision to Pause in JuneEarth Keeps Breaking Temperature Records Due to Global WarmingT  ( 9 min )

(Bloomberg) -- Tesla Inc. and China’s top electric-vehicle makers including BYD Co. pledged to maintain fair competition and avoid “abnormal pricing” in the world’s biggest EV market, signaling a possible end to the 2023 price war that’s shrouded the industry. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapInstagram Un  ( 8 min )

(Bloomberg) -- Teva Pharmaceutical Industries Ltd. is weighing options for its active ingredients business, including a possible sale, people with knowledge of the matter said, as takeovers of health-care assets continue to defy the global dealmaking slump. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapInstagram Unvei  ( 8 min )

These banks are relatively cheap, have managed to hold onto their deposits, and are not threatened by exposure to troubled sectors like commercial real estate.  ( 24 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Affirm, American Express, Conagra, Eagle Materials, and HubSpot. Affirm (NASDAQ:AFRM) shares were recently down about 6% premarket after Piper Sandler downgraded the company to Underweight from Neutral with a price target of $11.00. Piper noted that Affirm relies heavily on loan sales for revenue, but that higher rates and wider credit spreads have led them to hold more loans on their balance sheet, which also pressures operating margins.  ( 7 min )

A new report from the Brookings Institutions demonstrates the danger of crypto volatility on the job market.  ( 7 min )

HONG KONG (Reuters) -China has released its first homegrown open-source desktop operating system, named OpenKylin, state media said, as the country steps up efforts to cut reliance on U.S. technology. Released on Wednesday, and based on the existing open-source Linux operating system, China's version was built by a community of about 4,000 developers, and is used in its space programme and industries such as finance and energy, they added. China's massive market for operating systems was worth 15.5 billion yuan ($2.1 billion) last year, state media said, citing an industry report.  ( 6 min )

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Microsoft, Twilio, and Zscaler are among the companies that could deliver AI success to stave off a potential downturn in technology stocks.  ( 24 min )

Filing indicates the actively managed vehicles will make the transition in November  ( 7 min )

In India’s bustling streets, where two-wheelers are seen as the primary mode of transportation, a powerful shift toward electrification is happening. Electric scooter sales have taken a hit, and the blame falls squarely on the recent reduction of government subsidies. In May, the Indian government revised its incentive scheme called Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles, commonly called FAME-II, and reduced subsidies to $122 (10,000 Indian rupees) per kWh of battery capacity, with a maximum cap of 15% of the ex-factory vehicle price.  ( 12 min )

"For oil refineries and trading companies, the cost of holding oil in tanks has become much more expensive."  ( 7 min )

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Bausch + Lomb purchased Blink brands from a J&J subsidiary for $106.5 million to expand its over-the-counter offerings.  ( 1 min )

Exxon Mobil Corp’s stock fell 2.4% in early trading Thursday after the company warned falling natural gas prices, lower margins, and soft demand could shave billions off its second-quarter earnings.  ( 1 min )

JetBlue hopes to salvage its $3.8 billion Spirit acquisition by ending the Northeast Alliance with American Airlines following a court ruling.  ( 1 min )

The Dow Jones Industrial Average fell 1.1%, or 366 points, Thursday after private sector payroll data showed that the labor market remains strong, raising fears that the Federal Reserve could hike rates faster or higher than planned.  ( 1 min )

Meta’s new Twitter rival, Threads, signed up 10 million users after its launch, and job openings are expected to fall. Here’s what investors need to know today.  ( 1 min )

De nieuwe app Threads van Instagram-moederbedrijf Meta gaat de strijd aan met Twitter. Met nu al ruim dertig miljoen gebruikers maakt Threads een vliegende start. Maar de app is nog verre van perfect.  ( 4 min )

De landelijke ophokplicht voor pluimvee wordt voor het grootste deel van Nederland ingetrokken. De overheid stelde de ophok- en afschermplicht in september vorig jaar in, nadat veel kippen en andere soorten pluimvee besmet waren geraakt met de vogelgriep.  ( 3 min )

Het kabinet wil verplichten dat er zonnepanelen komen boven nieuwe parkeerplaatsen. Verder moeten ze zo veel mogelijk op daken en gevels komen, en niet meer in weilanden.  ( 4 min )

Door een "verslaving aan inkomsten uit de fossiele samenleving" heeft het kabinet geen duidelijk plan om ons vervoer te verduurzamen, schrijven vertegenwoordigers uit de mobiliteitssector in een brandbrief aan klimaatminister Rob Jetten.  ( 6 min )

Beleggers betaalden donderdag voor een bitcoin meer dan 31.000 dollar (zo'n 28.500 euro). Het was voor de grootste cryptomunt ter wereld de hoogste koers in meer dan een jaar.  ( 3 min )

De komst van kweekvlees is weer een stap dichterbij. Door groen licht van de verantwoordelijke ministeries kan het nog dit jaar geproefd worden. Maar tot zo'n revolutionaire burger echt op ons bord ligt, is er nog een lange weg te gaan.  ( 6 min )

Shell-topman Wael Sawan vindt het verlagen van de olie- en gasproductie gevaarlijk en onverantwoord. Volgens hem heeft de wereld deze fossiele brandstoffen juist hard nodig.  ( 3 min )

De zomerstorm Poly heeft naar schatting voor 50 tot 100 miljoen euro aan schade veroorzaakt. Vooral woningen, auto's en bedrijfsgebouwen hebben schade opgelopen.  ( 3 min )

Er moet een einde komen aan de uitwassen van zzp'ers in de zorg, die eigenlijk werk doen van mensen in loondienst. Drie ministeries kondigen nu aan dat ze de regels tegen schijnzelfstandigheid strenger gaan handhaven.  ( 5 min )

Er moet een einde komen aan de uitwassen van zzp'ers in de zorg, die eigenlijk werk doen van mensen in loondienst. Drie ministeries kondigen nu aan dat ze de regels tegen schijnzelfstandigheid strenger gaan handhaven.  ( 4 min )

Woningkopers hebben er weer vertrouwen in en dat brengt de dynamiek op de woningmarkt weer op gang, meldt makelaarsvereniging NVM. Zo nam het aantal verkochte woningen in het tweede kwartaal van 2023 met 20 procent toe ten opzichte van begin dit jaar.  ( 6 min )

Woningkopers hebben er weer vertrouwen in en dat brengt de dynamiek op de woningmarkt weer op gang, meldt makelaarsvereniging NVM. Zo nam het aantal verkochte woningen in het tweede kwartaal van 2023 met 20 procent toe ten opzichte van begin dit jaar.  ( 6 min )

De krapte op de Nederlandse arbeidsmarkt nam in de eerste drie maanden van dit jaar iets af. Toch is het probleem nog niet opgelost: in de meeste beroepen zijn heel veel vacatures.  ( 3 min )

Al tien miljoen mensen hebben zich aangemeld op Threads, de Twitter-concurrent van Instagram-moederbedrijf Meta.  ( 4 min )

De prijzen van huurhuizen in de vrije sector zijn de afgelopen maanden flink opgelopen in de grote steden. Vooral in Amsterdam, Rotterdam en Den Haag waren huurders duurder uit. Dat komt doordat het aanbod steeds kleiner wordt, wat prijzen opdrijft.  ( 4 min )

Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. The outflows highlight deep-seated concern about the state of China's economy as its much-awaited pandemic recovery stalls. Brokers say individuals are responsible for the surge and it shows no sign of letting up, which analysts warn could put further pressure on the yuan as it teeters at eight-month lows.  ( 9 min )

(Bloomberg) -- Exxon Mobil Corp. said lower natural gas prices and refining margins will reduce second-quarter earnings by about $4 billion compared with the previous three months.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingFed Minutes Reveal Divisions Ov  ( 7 min )

Teva Pharmaceutical Industries Ltd (NYSE: TEVA) is reportedly considering potential strategic options for its active pharmaceutical ingredients (API) unit, which could include a potential sale. This news comes from individuals privy to the matter, who indicated that the current healthcare asset acquisitions continue despite the broader global slowdown in dealmaking. Working with consultants, Teva is attempting to identify potential buyers for its API unit, which could be valued at approximately  ( 7 min )

Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in the third quarter of 2023. BofA, unlike other major U.S. banks, had held back a decision on the dividend last week. Rivals JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley hiked their third-quarter dividends on Friday after sailing through the Federal Reserve's stress test.  ( 7 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Bank of America says it plans to raise its dividend. The announcement Wednesday makes it the last of the six biggest U.S. banks to announce dividend-in  ( 22 min )

Florida homeowners insurance is the costliest in the nation--and going higher. Critics say Florida governor Ron DeSantis should do more to fix the problem instead of campaigning for president.  ( 10 min )

(Bloomberg) -- SVB Financial Group, the bankrupt former owner of Silicon Valley Bank, won court permission to sell its investment banking arm for $100 million, four years after it paid $280 million for the unit.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameEarth Keeps Breaking Temperature Records Due to Global Warming  ( 7 min )

BlackRock (BLK) CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in an interview with Fox Business on Wednesday.  ( 7 min )

Stocks dropped at the open Wednesday, as investors eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

During Berkshire Hathaway Inc.'s annual shareholder meeting, CEO Warren Buffett shared his insights on how he became one of the world's most respected investors. One crucial lesson he emphasized was the need to remain rational and unswayed by emotions when it comes to matters of business. Seeking confirmation, Buffett turned to his partner and right-hand man Charlie Munger and asked, "Have we ever made an emotional decision?" In his characteristically dry manner, Munger promptly replied, "No." S  ( 8 min )

(Bloomberg) -- It’s not only yields that are set to be impacted as the US Treasury ramps up the supply of bills, according to interest-rate strategists at Barclays Plc. Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapFed Minutes Reveal Divisions Over Decision to Pause in JuneEarth Keeps Breaking Temperature Records Due  ( 8 min )

(Bloomberg) -- Federal Reserve officials were less united at their June meeting than their unanimous decision suggested, as some favored interest-rate increases but went along with the move to leave policy unchanged. Most Read from BloombergEquity Losses Stick as Traders Digest Fed Minutes: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t t  ( 9 min )

Stocks dropped at the open Wednesday, as investors eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to fight high inflation, though the central bank ultimately decided to forgo a rate hike. In the end, the 11 voting members of the Fed’s interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases. In Fed parlance, “some” is less than “most” or “many,” evidence that the support for another rate hike was a minority view.  ( 6 min )

A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be needed, even as the vast bulk expected they would eventually need to tighten policy further, according to meeting minutes released on Wednesday. While "some participants" wanted to move ahead with a rate hike in June because progress in cooling inflation had been slow, "almost all participants judged it appropriate or acceptable to maintain" the federal funds rate at the existing 5% to 5.25%, the minutes said. The minutes added detail to the policy statement and economic projections issued after the June 13-14 session, when the Fed ended its 10-meeting streak of rate hikes with a decision to hold the benchmark federal funds rate steady.  ( 6 min )

Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary. The post Nikola moves to liquidate battery pack maker Romeo Power appeared first on FreightWaves.  ( 9 min )

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The Spectre EV is delivering what it was meant to do — be a Rolls-Royce motorcar first above all else.  ( 8 min )

Wall Street fearmongers keep warning that a recession and stock market crash are just around the corner. It's time to start ignoring them.  ( 11 min )

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CD rates haven’t been this high in years. As the Fed pushes up interest rates, CD rates are rising too. Find the best deals and rates on CDs.  ( 9 min )

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With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right now, he's renting. Bezos and his fiancée Lauren Sanchez are reportedly renting a home in Malibu, California, from legendary jazz saxophonist Kenny G for $600,000 per month. The 5,500-square-foot house comes with a huge backyard, pool, screening room and recording studio. It also has a 3,500-square-foot guesthouse. The estate gives the couple access to Little Dume Beach, o  ( 9 min )

U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy meeting.  ( 16 min )

This year's rally started off with tech, but big names within other sectors may be showing a breadth expansion.  ( 8 min )

In the second quarter, 17.1% of people who are financing a vehicle purchase are paying more than $1,000 a month, a record. Rates could ease soon, however, as the Fed is closer to ending hikes.  ( 24 min )

The Phoenix-based semi-truck maker lost momentum because of several factors, including a fire and assembly-line modifications.  ( 28 min )

It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )

Analyst Colin Langan added the auto maker to a list of stocks that could be moved up or down by significant events expected in the third quarter.  ( 24 min )

Rivian shares rose after beating EV delivery estimates for the second quarter and maintaining its guidance to double production by year end.  ( 17 min )

Wedbush analyst Dan Ives believes that ChatGPT will be the "next leg of growth" for Microsoft.  ( 24 min )

Digital World Acquisition Corp. said it has reached a preliminary settlement with regulators investigating the special-purpose acquisition company, and the stock is surging. Shares of DWAC—the SPAC trying to take former President Donald Trump's social-media company public—rose 13% on Wednesday morn  ( 22 min )

Netflix upgraded, Coinbase downgraded: Wall Street's top analyst calls  ( 9 min )

Two large drugmakers are advancing in early trading Wednesday. AstraZeneca's New-York listed ADR rose 2.6% shortly after the open; shares in the drugmaker sold off Monday after it reported mixed results in a trial for an experimental cancer drug. Moderna rose over 4% after [reports that it had  ( 21 min )

United Parcel Service said it hasn’t walked away from negotiations with the International Brotherhood of Teamsters, and it is encouraging the union to continue talks to avert a strike.  ( 29 min )

Over the past month, the EV-maker has posted better-than-expected delivery numbers, while Amazon.com is rolling out its vans in Europe.  ( 24 min )

2023 will surely be looked upon as the year AI went mainstream. Fueled by the rise of ChatGPT, the tech has captured the public’s imagination and it is a topic constantly hogging the headlines. Naturally, investors have also tuned in to the conversation, and AI has been driving the year’s rally in tech stocks. But there are already murmurings regarding a bubble in all things AI, so the question is: has the opportunity already played out this year? Not entirely, appears to be the opinion of one i  ( 10 min )

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The business includes operating assets of REC Solar, which Duke had acquired in 2015, development pipeline and operations and maintenance portfolio, as well as distributed fuel cell projects managed by Bloom Energy. Duke said it expects about $259 million of proceeds from this sale, which the company would use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035. Duke's peers such as FirstEnergy and NiSource have also sold stakes in their subsidiaries this year as they seek to invest in cleaner sources of energy.  ( 7 min )

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The Citi CEO believes in leading with empathy.  ( 7 min )

(Bloomberg) -- For oil bulls, one of the biggest caps on prices this year is turning into a tailwind. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeEarth Keeps Breaking Temperature Records Due to Global WarmingUS Futures Fall as China Data Saps Risk Appetite: Markets WrapLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USOil’s 10% drop so far in 2023 confounded some analyst and trader  ( 8 min )

After more than two months of negotiations, UPS and Teamsters, were unable to reach a consensus on a new four-year labor contract.  ( 7 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 18 min )

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The bubble burst has been somewhat delayed by A.I. the investment stalwart said—but said it will not delay a crash he believes is inevitable.  ( 8 min )

When the bull market roars, growth stocks ramp. Here are 3 of the best high growth stocks surging in 2023.  ( 7 min )

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Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.  ( 9 min )

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India's Bajaj Auto launched two locally-made Triumph motorcycles on Wednesday, two days after Hero MotoCorp unveiled a locally-made Harley model and adding to the competition in the premium space dominated by Eicher Motors' Royal Enfield. The launch of the two models, made in partnership with UK's Triumph Motorcycles, sent Bajaj Auto shares to a record high of 4,900 rupees. The Triumph Speed 400 will be priced at 233,000 rupees ($2,834), Bajaj Auto said, but did not disclose a price for the Scrambler 400X.  ( 7 min )

Stock futures dropped Wednesday, as traders returning from the Independence Day break eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market, Saudi Energy Minister Prince Abdulaziz bin Salman told a conference on Wednesday. OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies including Russia which pumps around 40% of the world's crude, has been cutting oil output since November in the face of flagging prices. Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil supply cuts on Monday in an effort to send prices higher.  ( 8 min )

A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit's automakers as the manufacturers double down on cutting costs to fund an accelerated transition to electric vehicles. When the Stellantis factory in the northern Illinois town of Belvidere was idled in February, it left union members in shock as they had not expected the shutdown until June. "They wanted to reduce us even more which seemed like an impossible feat," Matt Frantzen, the local union president in Belvidere, said of the decision following a prior elimination of two work shifts at the factory.  ( 9 min )

The second half of the week also has some sets of economic data that are expected, including the non-farm payrolls report on Friday. Investor focus will be on minutes from the Fed's most recent policy meeting, expected at 2 p.m. ET, as U.S. markets resumed trading after being closed for the July 4 Independence Day holiday. Traders are near certain that the U.S. central bank will hike interest rates in July after pausing last month, but have only priced in a 32% chance that it would need to deliver another hike by October.  ( 6 min )

The giant of contract electronics manufacturing sees revenue drop almost 20% year over year in June, led lower by weakness in smart consumer electronics.  ( 24 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Amazon.com and Microsoft shares slip after a report says the U.S. is looking to restrict China’s access to cloud-computing services, and Rivian extends gains after strong second-quarter production.  ( 24 min )

American car shoppers have been flocking to dealerships, shaking off concerns about rising interest rates and inflationary pressures.  ( 31 min )

The right level for interest rates will eventually be much lower, according to financial markets and Federal Reserve policy makers, but that is no certain thing.  ( 30 min )

(Bloomberg) -- The collapse of two US auto dealers and a growing pile of delinquent car loans are threatening to deliver losses in a corner of Wall Street that, until now, has been a sea of calm: the asset-backed securities market.Bonds backed by car loans made by U.S. Auto Sales and American Car Center, two used-car dealers that shut their doors earlier this year, have been veering into distress in recent weeks. Borrowers have been falling behind on payments, and Citigroup believes that some of  ( 7 min )

↗️ Netflix (NFLX): The streaming giant's stock rose 1.3% in premarket trading after reports it will fine tune its advertising strategy with more targeted ads for sponsors. ↘️ Tesla (TSLA):  ( 20 min )

Treasury Secretary Janet Yellen heads to Beijing this week to help warm the relationship between the world’s two biggest economies.  ( 27 min )

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(Bloomberg) -- Exxon Mobil Corp.’s ambitious expansion in trading is running into a thorny issue: whether or not to pay traders millions of dollars in performance-related bonuses.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyStocks Decline as China Data Saps Risk Sentiment: Mar  ( 9 min )

(Bloomberg) -- China’s largest banks cut rates for the nation’s $453 billion corporate US dollar deposits for the second time in a matter of weeks, according to people familiar with the matter, as authorities intensify measures to shore up the struggling yuan.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing a  ( 8 min )

U.S. stocks were set to drop as trading resumes on Wednesday after the Independence Day holiday, with investors looking ahead to the publication of the minutes from the latest Fed meeting. The minutes from June’s Federal Open Market Committee will be released at 2 p.m. Eastern time and [will be wat  ( 11 min )

Sweden-based Volvo Cars on Wednesday reported a 33% rise in car sales in June from a year earlier, to 66,379 cars. "The overall sales increase was driven by the company's fully electric cars which quadrupled compared to the same period last year," it said in a statement.  ( 5 min )

Jordan’s Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China. Deals surrounding the plant put Jordan on the hook for billions of dollars in debt to China — all for a plant that is no longer needed for its energy, because of other agreements made since the project’s conception. The result is fueling tensions between China and Jordan and causing grief for the Jordanian government as it tries to contest the deal in an international legal battle.  ( 9 min )

(Bloomberg) -- A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Emp  ( 6 min )

China's export controls on metals used in making semiconductors are "just a start", an influential trade policy adviser said on Wednesday, as it ramps up a tech fight with the U.S. days before U.S. treasury secretary Janet Yellen visits Beijing. Shares in some Chinese metals companies rallied for a second session, with investors betting that higher prices on gallium and germanium, which Beijing's export restrictions target, could boost revenues. China's abrupt announcement of controls from Aug. 1 on exports of some gallium and germanium products, also used in electric vehicles (EVs) and fibre optic cables, has sent companies scrambling to secure supplies and bumped up prices.  ( 7 min )

U.S. stocks' tendency to move in sync has plunged to near-record lows, but what might seem like a stock picker's dream may actually be a mirage, and investors may be in for a rude awakening. S&P 500 correlation - a gauge of herd behavior, which measures how closely daily returns of index constituents align over a month - slipped to 0.22 at the end of June, close to the lowest since November 2021, according to data from S&P Dow Jones Indices. Investors expect stocks to move increasingly out of sync as shown by the Cboe 3-Month Implied Correlation Index, which measures the 3-month expected average correlation across the top 50 value-weighted S&P 500 stocks.  ( 8 min )

An inscrutable investor nicknamed the “Czech sphinx” is poised for a showdown with a French spy-turned-tech billionaire in a battle for the control of one of the country’s biggest supermarkets.  ( 8 min )

"You want the riskless part of your portfolio to be absolutely riskless," financial author William J. Bernstein.  ( 24 min )

An excerpt from the second edition of William J. Bernstein's second edition of The Four Pillars of Investing: Lessons for Building a Winning Portfolio.  ( 24 min )

(Bloomberg) -- The Federal Reserve on Wednesday will shed some light on the discussions at their June meeting that left Wall Street perplexed.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire Is Disintegrating Bit by BitThe Federal Open Market Committee pau  ( 7 min )

The dollar drifted near the middle of its range of the past three weeks against major peers on Wednesday, as traders looked ahead to the release of minutes from the Federal Reserve's latest meeting for clues about the path for monetary policy. The dollar index - which measures the currency against a basket of six major peers, including the euro and yen - was little changed at 103.02, after tracking between 103.75 and 102.75 since early June. The dollar hovered about half a yen below the 145 level that spurred intervention by Japanese authorities last autumn, after last week briefly popping as high as 145.07 for the first time since November.  ( 7 min )

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(Reuters) -Gold stuck to a narrow range on Wednesday as investors awaited the release of the U.S. Federal Reserve's latest monetary policy meeting minutes later in the day, with a stronger dollar also weighing on prices. Spot gold was little changed at $1,923.66 per ounce by 0243 GMT, while U.S. gold futures rose 0.1% to $1,931.20. The Federal Open Market Committee will issue minutes from its June 13-14 meeting at 1800 GMT.  ( 7 min )

TOKYO/SINGAPORE (Reuters) -Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. U.S. West Texas Intermediate (WTI) crude futures were at $70.86 a barrel, up $1.07, or 1.5%, from Monday's close, having traded through a U.S. holiday to mark Independence Day without a settlement. "Oil prices came under pressure again due to lingering worries over a slowdown in the global economy and further hikes of interest rates in the United States and Europe," said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting.  ( 8 min )

Bitcoin and Ether traded little changed on Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed.  ( 8 min )

At Vanguard, one-fifth of taxable brokerage account investors aged 85 or older have nearly all their money in stocks.  ( 29 min )

(Bloomberg) -- Asian equities look set to open lower Wednesday in subdued trading following a holiday for US markets. Oil climbed as traders weighed supply cuts.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeChina Restricts Export of Chipmaking Metals in Clash With USLazard Fires Senior Banker for Inappropriate Behavior at PartyRussian General Still Missing as Defense Chief Slams MutinyBank of America Says it Started Talks With Fed After Stress Test Result  ( 8 min )

Have the markets reached the exuberant stage? Bullish sentiment has been the order of the day for a while, and the S&P 500 currently sits at 4,455, reflecting year-to-date gains of 16%. By now, the index has already surpassed the year-end target of 4,400 set by Raymond James’ chief investment officer, Larry Adam. This achievement serves as a bit of vindication for Adam. He went against the prevailing sentiment at the start of the year, which, if you recall, was decidedly bearish due to the downb  ( 10 min )

Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed no change in the overall median available rate. These are the current rates as of July 2023.  ( 24 min )

Personal loan rates increased slightly this week to 21.38%, a rise of a single basis point since last week when the average personal loan rate sat at 21.37%.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

The Dow Jones Industrial Average slipped 0.4% or 129 points Wednesday as investors reviewed the deliberations behind the U.S. central bank's decision to pause rate hikes last month.  ( 18 min )

The real GDP number is adjusted to remove the effects of inflation, so it is a more accurate gauge of the nation's real output of goods and services.  ( 19 min )

Moderna shares rose 1.5% on Wednesday after signing an agreement with China to research, develop, and make mRNA treatments there.  ( 16 min )

Meeting minutes from the Fed's June policy meeting showed continued support for raising interest rates to flight inflation.  ( 17 min )

GM shares rose over 1% on Wednesday after reporting second quarter sales were up 18.8% from the same period in 2022 on strong demand as supply chains eased and inventories improved.  ( 16 min )

Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 22 min )

A co-signer can help you secure a loan, but eventually, it will be time to strike out on your own. Learn how to release a student loan co-signer from their obligation to your loan.  ( 21 min )

Moneyness is a description of a derivative relating its strike price to the price of its underlying asset.  ( 22 min )

Learn what impact investing is and get information on some of the top impact investing firms ranked by total assets under management.  ( 22 min )

Hyperledger Iroha is a business blockchain framework designed for infrastructure projects that need distributed ledger technology.  ( 22 min )

An all-cash, all-stock offer is a proposal by one company to purchase all of another company's outstanding shares from its shareholders for cash.  ( 21 min )

Extensions, clusters, channels, and more! Discover new ways to put the "golden ratio" to work.  ( 21 min )

Here is a look at the top five oil-producing countries, which are responsible for more than half of the world’s total output.  ( 23 min )

Rates on 30-year mortgages eased by a single basis point after seven prior days of continuous growth, gaining a total of 26 basis points. Other averages saw mixed results on Monday.  ( 19 min )

The first step to finding the right financial advisor is to figure out what sort of professional financial help you need.  ( 28 min )

Brookfield Reinsurance agreed to buy the rest of American Equity Life Holding Company that it doesn't already own for $4.3 billion.  ( 16 min )

EV automaker Tesla posted another record quarter for deliveries, boosted by strong Chinese sales.  ( 17 min )

Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 23 min )

U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy meeting.  ( 16 min )

Wolfspeed shares jumped more than 17% in early trading on Wednesday after signing a 10-year, $2 billion agreement to supply wafers for Japan's Renesas Electronics Corporation.  ( 16 min )

Meta Platforms' (META) new Threads app may have an advantage over competitor Twitter as advertising revenue slows at Elon Musk's social platform. Meanwhile, Meta's Instagram dominates the market for sponsored content.  ( 18 min )

A fixed-rate certificate of deposit (CD) is a low-risk investment instrument that has a set interest rate over its entire term.  ( 24 min )

Group term life insurance is life insurance offered as an employee benefit. Often a base amount is covered at no charge, with the option to add more.  ( 25 min )

This controversial monetary policy has been used by some of the world's most powerful economies. But does it work?  ( 21 min )

Selling out of trust diverts the proceeds from the sale of an item that is collateral for a loan to some use, often other expenses, other than paying off the loan.  ( 22 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )

An adhesion contract refers to an agreement where one party has substantially more power than the other in creating the contract terms and conditions.  ( 20 min )

Rivian shares rose after beating EV delivery estimates for the second quarter and maintaining its guidance to double production by year end.  ( 17 min )

Calculated intangible value is a method of valuing a company's intangible assets. Intangible assets include patents and other intellectual property.  ( 19 min )

UPS shares fell by about 2% in pre-market trading on Wednesday after the talks with Teamsters ended without an agreement, increasing the risk of a strike.  ( 17 min )

PowerToFly, which connects employers around the world with women in the technology field, offers subscription plans to companies for them to recruit employees.  ( 20 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 18 min )

Rodo, an online service that allows users to shop for, buy, or lease cars without setting foot in a dealership, makes money through its sales/leases and fees on dealerships.  ( 19 min )

Self-employed advisors have a number of unique expenses, but the tax benefits often compensate for the financial burdens.  ( 23 min )

Learn about the top five financial planning software programs that are most commonly used by professional financial advisors.  ( 23 min )

While the Federal Reserve normally uses short-term interest rates to manage the economy, yield curve control does that by targeting long-term rates.  ( 23 min )

Business development: Learn about the basic strategic ideas, initiatives, and activities, aimed toward making a business better.  ( 28 min )

Afgelopen jaar werd 8,1 miljard kilo huishoudelijk afval opgehaald en ingezameld bij de milieustraat. Dat is iets meer dan 460 kilo per inwoner en de kleinste hoeveelheid sinds 1994, toen het 478 kilo per persoon was.  ( 3 min )

Werkgevers zetten de komende maanden hun hakken in het zand aan de cao-tafels, blijkt uit een rondgang van NU.nl. Bedrijven zijn voorzichtiger vanwege de onzekere economische situatie en vinden dat ze werknemers genoeg hebben gecompenseerd door de lonen flink te verhogen.  ( 6 min )

De Europese Commissie onderzoekt of het wettelijk mogelijk is een ​​einde te maken aan de handel in losse haaienvinnen. Ruim een miljoen Europeanen steunden een Europees burgerinitiatief daartoe, waaronder bijna 23.0000 Nederlanders.  ( 3 min )

In mei is er bijna 7,4 miljard euro aan spaargeld bij gekomen. Alleen in het eerste coronajaar, toen Nederland in lockdown zat, legden spaarders in mei meer spaargeld in.  ( 3 min )

In mei is er bijna 7,4 miljard euro aan spaargeld bij gekomen. Alleen in het eerste coronajaar, toen Nederland in lockdown zat, legden spaarders in mei meer spaargeld in.  ( 3 min )

Verzekeraar Interpolis heeft woensdag halverwege de dag al een paar honderd schademeldingen binnengekregen vanwege zomerstorm Poly. Ook zorgt de storm ervoor dat we langer moeten wachten op pakketjes of de boodschappen, terwijl treinritten en vluchten zijn geannuleerd.  ( 4 min )

Verzekeraar Interpolis heeft woensdag halverwege de dag al een paar honderd schademeldingen binnengekregen vanwege zomerstorm Poly.  ( 2 min )

Het treinverkeer in een groot deel van Nederland is woensdagochtend stilgelegd vanwege storm Poly. Reizigers die daardoor halverwege stranden, veel later aankomen of niet op hun bestemming kunnen komen, komen bij NS en Arriva in aanmerking voor een vergoeding.  ( 4 min )

Poly raast woensdag over Nederland. Met deze vier apps houd je in de gaten waar de storm het hevigst woedt en hoe laat hij zijn hoogtepunt bereikt.  ( 4 min )

Threads, Instagrams alternatief voor Twitter, is donderdag nog niet beschikbaar in Nederland. De app komt eerst uit in de Verenigde Staten en het Verenigd Koninkrijk, meldt het Ierse Independent.  ( 3 min )

Dynamische energiecontracten worden in ons land steeds populairder. Sinds het begin van dit jaar is het aantal huishoudens met zo'n contract ruim verdriedubbeld.  ( 4 min )

Dynamische energiecontracten worden in ons land steeds populairder. Sinds het begin van dit jaar is het aantal huishoudens met zo'n contract ruim verdriedubbeld.

Het treinverkeer in een groot deel van Nederland is woensdagochtend stilgelegd vanwege storm Poly. Reizigers die daardoor halverwege stranden, veel later aankomen of niet op hun bestemming kunnen komen, komen bij NS in aanmerking voor een vergoeding. Maar Arriva beroept zich op overmacht.

Poly raast woensdag over Nederland. Met deze vier apps houd je in de gaten waar de storm het hevigst woedt en hoe laat hij zijn hoogtepunt bereikt.

Mensen die wachten op pakketjes of boodschappen zullen moeten wachten tot storm Poly gaat liggen. Ook post- en flitsbezorgers blijven zoveel mogelijk thuis nu het noodweer over Nederland raast.

Veiligheidsregio Amsterdam-Amstelland heeft in allerijl een liveblog opgezet om mensen op de hoogte te houden van zomerstorm Poly. Ontvangers van een NL-Alert wordt geadviseerd updates te bekijken op het Twitter-account van Brandweer Amsterdam-Amstelland. Maar die zijn niet voor iedereen zichtbaar.

Meer dan een kwart van de werkenden is in het eerste kwartaal van dit jaar uitgevallen door stress of burn-outklachten. De stijging van het verzuim is vooral zichtbaar in de leeftijdsgroep 25 tot 45 jaar.  ( 4 min )

De Belgische vakbond CNE roept consumenten op om supermarktketen Delhaize te boycotten. Op die manier moet de supermarktketen zoveel mogelijk omzet mislopen.  ( 3 min )

In het tweede kwartaal van dit jaar zijn 92.999 hypotheekaanvragen ingediend. Dat is een daling van 34,5 procent ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Huishoudens hielden gemiddeld 547 euro per maand over in het eerste kwartaal van 2023. Dat is meer dan vorig jaar, toen we ons geld makkelijker konden oppotten door een lockdown.  ( 4 min )

Ons energieverbruik was in 2022 lager dan het in de afgelopen dertig jaar is geweest. We verstookten vooral minder aardgas, als gevolg van de hoge prijzen. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )

Werkgevers zetten de komende maanden hun hakken in het zand aan de cao-tafels, blijkt uit een rondgang van NU.nl. Bedrijven zijn voorzichtiger vanwege de onzekere economische situatie en vinden dat ze werknemers genoeg hebben gecompenseerd door de lonen flink te verhogen.  ( 5 min )

Moderna shares rose 1.5% on Wednesday after signing an agreement with China to research, develop, and make mRNA treatments there.  ( 1 min )

EV automaker Tesla posted another record quarter for deliveries, boosted by strong Chinese sales.  ( 1 min )

Wolfspeed shares jumped more than 17% in early trading on Wednesday after signing a 10-year, $2 billion agreement to supply wafers for Japan's Renesas Electronics Corporation.  ( 1 min )

GM shares rose over 1% on Wednesday after reporting second quarter sales were up 18.8% from the same period in 2022 on strong demand as supply chains eased and inventories improved.  ( 1 min )

Brookfield Reinsurance agreed to buy the rest of American Equity Life Holding Company that it doesn't already own for $4.3 billion.  ( 1 min )

U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy meeting.  ( 1 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 1 min )

A precious metals dealer has been asked to pay $146 million in damages after over 500,000 silver coins disappeared. Robert Higgins ran a "fraudulent and deceptive scheme", says the CFTC.  ( 7 min )

(Bloomberg) -- An Asia fund manager whose investments in China shares helped her beat 99% of peers over five years is becoming less enthusiastic and turning instead to its neighbor Japan.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire Is Disintegrating Bi  ( 8 min )

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(Bloomberg) -- Casino Guichard-Perrachon SA unveiled offers from rival billionaires seeking to win support of the French grocer and its creditors in a battle for control of the firm.Under the proposal made by Czech financier Daniel Kretinsky and Marc Ladreit de Lacharrière’s Fimalac — both of which are existing shareholders — the company would get a €1.35 billion ($1.47 billion) equity injection, the company said in a statement on Tuesday.Casino also outlined the details of a rival bid made by a  ( 7 min )

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Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 19 min )

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Blackstone real estate investment trust (BREIT), which recently made news for exercising a clause that restricted owner withdrawals for several consecutive months, has not taken the news lying down. The real estate investment trust (REIT) is still trying to raise money for its shareholders and recently announced the sale of $3.1 billion worth of its commercial portfolio. It also is rumored to be considering a sale of its Las Vegas portfolio. Strength in the Industrial Sector Although much of the  ( 9 min )

Brian Belski laid out a bullish scenario where better-than-expected tech and bank earnings power the benchmark index 13% higher.  ( 7 min )

For Chinese electric car manufacturers, Europe has long been a priority destination for international expansion. With its affluence, environmental consciousness, and relatively friendly attitude towards China, the continent has attracted established players like BYD as well as emerging brands like Nio and Xpeng. Despite their ambitious plans, Chinese EV makers yet to achieve the level of success they had hoped for in Europe.  ( 10 min )

(Bloomberg) -- Oil traded near $76 a barrel as traders assessed the latest efforts from OPEC+ linchpins Saudi Arabia and Russia to prop up prices by curbing supply.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Ri  ( 7 min )

(Bloomberg) -- Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households bearing the brunt of the financial pain.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBank of America Says it Started Talks With F  ( 7 min )

Up to half of the 100 billion euro ($109 billion) special fund set up to modernize the German military will likely go to U.S. defence companies, a leading tank gear box maker said, accusing Berlin of lacking a strategy for its defence industry. "I don't believe that much of the money will be left over for the German industry," Susanne Wiegand, chief executive of Renk Group, told reporters in Munich, adding the government in Berlin did not realise the strategic importance of the defence industry. Wiegand called on the government to use the 100 billion euro fund not only to plug short-term gaps in the German military's inventories but also to help develop technologies of the future.  ( 6 min )

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Stock market history suggests the S&P 500's strong start to the year is setting the table for more gains ahead in the second half of 2023.  ( 8 min )

There's a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you'd like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer … Continue reading → The post How to Determine Your Retirement Lifestyle appeared first on SmartAsset Blog.  ( 9 min )

Pay off student loans or invest? It's an important question to consider as the answer can shape your financial future. On one hand, throwing all of your extra money at student loan debt can help you relieve that burden faster. … Continue reading → The post Should You Pay Off Student Loans or Invest? appeared first on SmartAsset Blog.  ( 10 min )

The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What's not so simple is knowing how many years you have to work … Continue reading → The post How Many Years Do You Have to Work to Retire? appeared first on SmartAsset Blog.  ( 8 min )

FRO, BRY, NAT, GNK, and TWO lead peers by forward dividend yield  ( 24 min )

Accountants who checked the inventory in the vaults said some customers didn't even have a deposit box.  ( 8 min )

The European Commission expressed concern on Tuesday over China's planned curbs on exports of strategic metals widely used in the semiconductor industry and doubt that the move was related to security. China said the control on exports of gallium and germanium products from Aug. 1 was aimed at protecting national security. "The Commission is concerned that these export restrictions are unrelated to the need to protect global peace and also stability and the implementation of China's non-proliferation obligations arising from international treaties," a Commission spokesperson told a daily briefing.  ( 6 min )

Apple now towers as a textbook case of a stock so richly valued that its future returns will likely prove extremely poor.  ( 10 min )

The two-year yield has risen more than the 10-year yield, steepening the inversion over the past few months.  ( 27 min )

Australia's fourth largest pension fund suspended new work with PwC Australia on Tuesday, the latest in a string of funds to pause work with the accounting firm over a scandal which first surfaced in January over the misuse of government tax plans. The decision by UniSuper, which manages A$115 billion ($77 billion), means five of Australia's largest pension funds, managing a total of some A$865 billion, have paused work with PwC, which says it is a "leading adviser" to the sector. UniSuper said it was concerned by recent events at PwC and the fund had suspended new contracts for the "immediate future".  ( 6 min )

(Bloomberg) -- Mackenzie Investments, one of Canada’s largest fund managers, is turning less optimistic about stocks and sees better value in bonds after the 13% rally for global equities in the first half. Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleBank of America S  ( 8 min )

(Bloomberg) -- Tesla Inc.’s China output increased almost 20% in June, contributing to the company’s record quarterly sales.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeChina Restricts Export of Chipmaking Metals in Clash With USLazard Fires Senior Banker for Inappropriate Behavior at PartyRussian General Still Missing as Defense Chief Slams MutinyBank of America Says it Started Talks With Fed After Stress Test ResultsThe US electric-vehicle maker led by  ( 7 min )

Producers have less control over global crude shifts than they would like.  ( 27 min )

Chinese cloud computing services provider UCloud Technology Co said it faces uncertainty in securing advanced semiconductors from Nvidia Corp amid high demand, as tightened US export restrictions on such chips continue to impede China's artificial intelligence (AI) development efforts. Shanghai-based UCloud, which offers infrastructure-as-a-service and AI service platforms to internet firms and traditional enterprises, on Monday told investors that its orders of Nvidia's A800 graphics processing  ( 8 min )

Bond losses and economic uncertainty are keeping potential mergers on hold—for now.  ( 32 min )

The chief executives of Pinterest, Peloton and Hertz are among those who outearn Apple’s Tim Cook—and hundreds of others who lead bigger companies.  ( 26 min )

With U.S. investors on vacation, low volumes could introduce choppy trading in cryptos, raising the prospect of a fresh local high for Bitcoin.  ( 24 min )

(Bloomberg) -- China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring. Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyBank  ( 9 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: a buy initiation at Amazon, as well as upgrades at Southern, ACM Research, and Lazard. DBS Group initiated coverage on Amazon.com (NASDAQ:AMZN) with a Buy rating and a price target of $150.00, highlighting the company’s leading position in e-commerce, its growing prime membership base, and growth opportunities for both AWS and its online advertising business. The analyst says Amazon’s retail segment is still attempting to regain profitability after facing macroeconomic challenges, but noted that the U.S. e-commerce industry is projected to grow at 12.4% CAGR - and that Amazon holds a 39% market share in US e-commerce, with opportunities to capture more of the untapped market.  ( 8 min )

Bill Gates' biggest U.S. stock investments have surged in 2023’s bull market. Shares of Republic Services and Ecoloab, in which he owns large stakes, have risen to records.  ( 24 min )

(Bloomberg) -- The rally in global shares paused Tuesday amid lackluster trading as US futures fluctuated and Japanese equities weighed down a gauge of Asia stocks.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuckerberg Lead a $852 Billion Surge Among World’s R  ( 9 min )

(Bloomberg) -- Billionaire Cameron Winklevoss, co-founder of the Gemini Trust Co. crypto platform, outlined what he termed a “best and final offer” for digital-asset lender Genesis Global Holdco’s bankruptcy restructuring.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleB  ( 6 min )

"From what I've seen, they haven't narrowed down the countries targeted by the export restrictions, but since Japan, the U.S., and the Netherlands will naturally be included, I think it's fair to say that this is a de facto retaliatory measure." With roughly 90% of global production of these minor metals, China has hit the American trade restrictions where it hurts.  ( 6 min )

(Bloomberg) -- Bearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high as its share prices almost doubled in recent weeks, suggesting investors are skeptical the rally can last. Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuckerber  ( 8 min )

(Bloomberg) -- Yahoo Inc. plans to return to public markets, Chief Executive Officer Jim Lanzone told the Financial Times in an interview.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBank of America Says it Started Talks With Fed After Stress Test ResultsLazard Fires Senior Banker for Inappropriate Behavior at PartyThe internet media fir  ( 7 min )

(Bloomberg) -- China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring. Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With Fed After Stress Test Re  ( 9 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Bitcoin climbed above US$31,000 on Tuesday morning in Asia after Blackrock refiled its Bitcoin ETF application. Ether also gained amid institutional interest.  ( 8 min )

The Global Industry Classification Standard (GICS) and the Industrial Classification Benchmark (ICB) both assign stocks to appropriate sectors and industries. Here's how they differ.  ( 23 min )

Experts foresee mortgage rates dropping again and predict homebuying will pick up by the end of the year as home prices fall.  ( 19 min )

Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 19 min )

Gross profit margin and net profit margin are two profitability ratios used to assess a company's financial stability and overall profitability.  ( 25 min )

Tax-exempt commercial paper is short-term unsecured debt where the bondholder does not pay federal, state, or local taxes on the interest payments.  ( 20 min )

While women’s accounts lag across all generations, the 23% 401(k) gender gap for Millennials was the lowest as younger women start saving more for retirement.  ( 17 min )

A dependent care FSA allows you to save pretax dollars and can lower your taxable income to support a dependent child or adult.  ( 27 min )

SEC Form ADV-E is a certification of client assets, both cash and securities, that are held by a registered adviser, often used by accountants.  ( 20 min )

Investors have no shortage of ETFs to choose from when it comes to mid-cap companies. Here we look at five of the largest and most popular options.  ( 22 min )

The small business health care tax credit can make a difference for those who offer qualified health plans to employees through the SHOP Marketplace.  ( 23 min )

Fourier analysis uses statistics to find patterns in a time series.  ( 19 min )

A decline is when a security's price falls in value over the course of a trading day.  ( 18 min )

FRO, BRY, NAT, GNK, and TWO lead peers by forward dividend yield  ( 24 min )

Among the most popular investment vehicles, there are advantages and disadvantages to consider before investing in mutual funds.  ( 22 min )

Bitcoin—not necessarily the entire U.S. cryptocurrency market—may be on the cusp of a bullish run in the second half of 2023, according to analysts, driven by greater adoption by traditional financial firms.  ( 18 min )

Oscar, a health insurance company, makes money using technology to cut costs. The bulk of revenues come from insurance premiums.  ( 22 min )

China beperkt vanaf 1 augustus de export van twee belangrijke grondstoffen voor chips. Het land is veruit de grootste producent van germanium en gallium. De stap volgt op het besluit van het Nederlandse kabinet om de uitvoer van chipmachines naar China te beperken.  ( 4 min )

Sinds 1 juli mogen supermarkten geen eten en drinken in plastic wegwerpverpakkingen aan klanten meegeven zonder daar een toeslag voor te rekenen. Een rondje supermarkten leert dat deze bedragen variëren van 0,01 euro tot 0,50 euro.  ( 5 min )

Het wordt deze zomer druk op Schiphol. Tijdens de zomervakantie, die voor de Regio Midden vrijdag begint, kan een kwart meer reizigers vertrekken dan vorig jaar. De luchthaven verwacht gemiddeld 68.000 vertrekkende passagiers per dag.  ( 3 min )

China beperkt vanaf 1 augustus de export van twee belangrijke grondstoffen voor chips. Het land is veruit de grootste producent van germanium en gallium. De stap volgt op het besluit van het Nederlandse kabinet om de uitvoer van chipmachines naar China te beperken.  ( 4 min )

Leerlingen die vanaf 1 januari 2024 een telefoon meenemen in de klas, moeten daar een goede reden voor hebben. Het ministerie van Onderwijs komt met een dringend advies voor scholen, blijkt uit een kamerbrief van minister Robbert Dijkgraaf.  ( 5 min )

Het wordt deze zomer druk op Schiphol. Tijdens de zomervakantie, die voor de Regio Midden vrijdag begint, vertrekt een kwart meer reizigers dan een jaar eerder. De luchthaven verwacht gemiddeld 68.000 vertrekkende passagiers per dag.  ( 3 min )

Bij uitzendbureaus gaat nog steeds veel mis. De identiteit van werknemers wordt nog vaak niet nagetrokken en veel uitzendkrachten worden onderbetaald. Met name arbeidsmigranten zijn de dupe van de overtredingen.  ( 4 min )

Leerlingen die een telefoon meenemen in de klas, moeten daar binnenkort een goede reden voor hebben. Het ministerie van Onderwijs komt met een dringend advies voor scholen, melden bronnen aan ANP na berichtgeving van het AD.  ( 3 min )

Zeven grote techbedrijven, waaronder Apple en Amazon, hebben zich vanwege een nieuwe techwet bij de Europese Commissie gemeld. Met diensten waar we bijna niet omheen kunnen, hebben deze concerns een poortwachtersfunctie. Voor zulke bedrijven gaan binnenkort strengere concurrentieregels gelden.  ( 5 min )

Om personeelstekorten het hoofd te bieden, kunnen deeltijders in de kinderopvang meer uren werken. Het eerste proefproject leidt al tot resultaat. Bijna een op de vijf medewerkers heeft het eigen contract uitgebreid.  ( 5 min )

Twitter-gebruikers zijn niet blij met een nieuwe regel op het platform. En het is niet de eerste keer dat er problemen zijn. Techredacteur Rutger Otto van NU.nl legt uit wat er aan de hand is en wat de gevolgen zijn.  ( 3 min )

Techbedrijven die onze privacy schenden, benadelen bedrijven die zich wél netjes aan de regels houden. Dat heeft het Europese Hof van Justitie bepaald. Daarom mag privacyschending voortaan ook door een concurrentiewaakhond worden aangepakt. En dat kan techbedrijven fikse boetes opleveren.  ( 4 min )

De Europese draagraket Ariane 5 gaat dinsdag rond 23.30 uur voor de laatste keer de lucht in. Na bijna twintig jaar en 117 missies stopt de Europese ruimtevaartorganisatie met de raket. Maar een opvolger staat nog niet direct klaar.  ( 4 min )

Techbedrijven die onze privacy schenden, benadelen bedrijven die zich wél netjes aan de regels houden. Dat heeft het Europese Hof van Justitie bepaald. Daarom mag privacyschending voortaan ook door een concurrentiewaakhond worden aangepakt. En dat kan techbedrijven fikse boetes opleveren.  ( 4 min )

De basisbeurs is na acht jaar weer terug en dat weten studenten aan hogescholen en universiteiten maar al te goed. In twee weken tijd hebben al 209.000 studenten die basisbeurs aangevraagd.  ( 3 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Directeur Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

Meta, de eigenaar van Facebook en Instagram, brengt donderdag Threads uit. De app moet rechtstreeks met Twitter gaan concurreren. De timing is opvallend, want veel gebruikers van Twitter klagen over alle veranderingen die in korte tijd in de app zijn doorgevoerd.  ( 4 min )

Webwinkels die producten via bol.com of Amazon verkopen, worden niet scherp genoeg gecontroleerd. Dat concludeert de Consumentenbond, die heeft getest of het mogelijk was om onveilige producten via de platformen te verkopen. Vaak kon dat gewoon.  ( 3 min )

Huiseigenaren en verenigingen van eigenaren (vve's) wisten vorig jaar de weg naar verduurzamingsleningen goed te vinden. Ze leenden samen 272 miljoen euro om zonnepanelen, isolatie of warmtepompen aan te schaffen. In 2021 ging het nog om 106 miljoen euro.  ( 3 min )

Nederlanders betaalden in 2022 ruim 1,2 miljard keer met iDEAL. Op Black Friday verwerkte het bedrijf een recordaantal van 6,1 miljoen betalingen.  ( 3 min )

We kopen online weer massaal kaarten voor evenementen en pretparken. Verder besteden we meer aan vliegtickets, pakketreizen en accommodaties. Nederlanders hebben in het eerste kwartaal online 8,5 miljard euro uitgegeven, een stijging van 5 procent ten opzichte van vorig jaar.  ( 4 min )

FRO, BRY, NAT, GNK, and TWO lead peers by forward dividend yield  ( 1 min )

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A blank-check firm that was set to merge with former U.S. President Donald Trump's media company has reached an agreement with the staff of the Securities and Exchange Commission.  ( 7 min )

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Nikola in August agreed to buy Romeo Power for about $144 million in stock, as it looked to jump-start efforts to make battery packs. "Nikola is discontinuing its operations with Romeo Power and has commenced a proceeding under the California Assignment for the Benefit of Creditors (ABC) statutory scheme," a company spokesperson said in a statement on Monday. Nikola's struggles mirror those at many other EV startups.  ( 7 min )

Every investor wants a portfolio that will generate returns, but finding the right stocks for that is always a challenge. The analysts at Goldman Sachs have developed a data-based rule to sort through the mass of stocks and find the shares that are going to bring in solid returns. The key to Goldman’s ‘Rule of 10’ lies in each company’s projected sales growth – the firm looks for stocks with potential to show a multi-year CAGR of 10% or higher. According to David Kostin, the bank’s Chief Investm  ( 10 min )

E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker Rivian in Germany over the coming weeks as part of long-term plans to electrify its transportation network, it said on Tuesday. Amazon said 300 electric vans will hit the roads in the Munich, Berlin, and Dusseldorf regions as part of a 100,000-vehicle order it made in 2019 from Rivian, in which it is the largest shareholder. Rivian and Amazon will use a specially-designed shorter, thinner van than its U.S. counterpart to better fit the streets in Europe's cities.  ( 7 min )

The scam letter, which comes in a cardboard envelope, is designed to trick people into believing that they are owed a refund, the IRS said.  ( 6 min )

(Bloomberg) -- Buoyed by the response to its first bond issue in two years, Petroleo Brasileiro SA is considering issuing more debt this year and is poised to buy assets after spending most of the past decade selling refineries and oil-exploration blocks.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks W  ( 8 min )

(Bloomberg) -- When it comes to the bond market, it’s Morgan Stanley vs Bill Dudley now.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnChina Restricts Export of Chipmaking Metals in Clash with USFrench Riots Begin to Abate Even as Economic Costs MountIn their latest assessment of the bond market outlook, Morgan Stanley strategists are challenging the former head of the Federal Reserve Bank of N  ( 8 min )

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(Bloomberg) -- Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening the long-standing fiscal woes for new Mayor Brandon Johnson.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandChina Restricts Export of Chipmaking Metals in Clash with USBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksRussian General Still Missing as Defense Chief Slams MutinyIt’s Getting a Lot Harder to  ( 6 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said that Coinbase Global Inc will provide market surveillance in support of the proposed ETF from the world's largest asset manager. The move comes after the regulator reportedly had concerns over the initial filings by Nasdaq as being unclear and incomplete. It had flagged similar concerns to Cboe related to a filing from Fidelity.  ( 7 min )

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The refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called surveillance-sharing agreements.  ( 7 min )

(Bloomberg) -- China is clamping down on exports of two obscure yet crucial metals in an escalation of the trade war on technology with the US and Europe.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksBank of America Says it Started Talks With Fed After Stress Test ResultsB  ( 7 min )

Shares of crypto exchange Coinbase Global climbed nearly 12% Monday after Cboe Global Markets refiled applications for spot bitcoin exchange-traded funds, saying it expects Coinbase to help monitor trading. The Securities and Exchange Commission returned earlier filings to Cboe and the Nasdaq becau  ( 22 min )

Benchmark's Michael Ward recommended buying shares of the used-car retailer in a research note on Monday.  ( 24 min )

Expectations of another rate hike by the Federal Reserve to tame stubbornly high inflation helped push a closely watched part of the U.S. Treasury yield curve to its deepest inversion since 1981 on Monday, once again putting a spotlight on what many investors consider a time-honored recession signal. The U.S. central bank has hiked interest rates aggressively over the last year to fight inflation that hit around 40-year highs and remains above its 2% target rate. The yield curve inverts when shorter-dated Treasuries have higher returns than longer-term ones.  ( 8 min )

(Bloomberg) -- A key segment of the US Treasury yield curve approached its most inverted level in decades Monday as traders priced in further Federal Reserve policy tightening.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandChina Restricts Export of Chipmaking Metals in Clash with USBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksRussian General Still Missing as Defense Chief Slams MutinyIt’s Getting a Lot Harder to Chase the Stock Rally  ( 7 min )

Last month, the SPDR S&P 500 ETF Trust (NYSE:SPY) marked a milestone as it closed above the threshold that delineated its exit from the longest bear market since 1948. Rising 0.6% to close at 4,293.93 on June 8, it registered a gain of more than 20% from its low on Oct. 12, 2022. The bear market ran for 248 trading days, making it the lengthiest since the 484-day run that ended on May 15, 1948. The ongoing exit from bear to bull market offers a chance for investors to reassess their investment s  ( 8 min )

Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto company in its effort to launch a spot bitcoin exchange-traded fund. Cboe on Friday refilled an application with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund by asset manager Fidelity.  ( 7 min )

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Executives at the cruise operator see demand accelerating as bookings of future sailings soar.  ( 24 min )

President Biden's new plan to to provide student-debt relief will likely meet the same fate as the old one. But a new repayment plan may offer struggling borrowers some relief, writes Mark Kantrowitz.  ( 42 min )

Industry executives see Beijing’s export ban on gallium and germanium as retaliation over chip curbs by the U.S. and others.  ( 32 min )

"Millennials are the first generation expected to be worse off than their parents. It’s no secret the reason why."  ( 8 min )

The electric-vehicle maker’s stock is on pace for its largest percent increase and best five-day stretch since November.  ( 30 min )

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world's largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy. The decision gave a slight boost to oil prices Monday and comes after the Saudis announced a large cut in output for July at the latest meeting of the OPEC+ coalition of oil producers — raising concerns that gasoline prices for U.S. drivers could start ticking up. The Saudi Energy Ministry said it would extend July's cut of 1 million barrels per day through August to support “the stability and balance of oil markets.”  ( 8 min )

Tesla shares are headed for their best one-day percentage gain since March after the electric-vehicle maker posted record quarterly sales. [Tesla’s stock (TSLA)](https://www.wsj.com/market-da  ( 21 min )

Five of the six largest U.S. banks announced plans to boost their dividend last week after the Federal Reserve said they could [withstand a severe recession.](ht  ( 22 min )

(Bloomberg) -- The narrative propelling the global stock rally since mid-March goes like this: The US economy will hold up fine in the face of higher interest rates, and China’s stimulus efforts will help keep that nation’s post-pandemic recovery chugging along. Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandChina Restricts Export of Chipmaking Metals in Clash with USIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnBridgewater’s Greg Jensen S  ( 8 min )

Bank of America Corp on Monday said it had begun a dialogue with the Federal Reserve to understand differing results of the central bank's stress test and the company's own under the Dodd-Frank Act. The results of the Fed's latest annual stress test released last week showed lenders including Bank of America have enough capital to weather a severe economic slump, paving the way for them to issue share buybacks and dividends. Bank of America, the second-biggest U.S. bank, has not made any announcements about its dividend or share repurchase programs since the stress test results were published.  ( 7 min )

The Chinese auto companies delivered a combined 51,902 vehicles in June, a record for any month and up from 41,280 delivered in June 2022.  ( 24 min )

The Chinese auto manufacturer sold more than 700,000 EVs in the second quarter, up almost 100% compared with last year.  ( 27 min )

The companies that make up the S&P 500 are called its constituents and include many well-known names that represent the premier companies in their industries. Find out which 25 stocks top the list.  ( 22 min )

The company produced 13,992 electric vehicles in the second quarter and sold 12,640. Investors are happy.  ( 24 min )

It’s no secret that 2023 has, so far, been a good year for investors. Stocks are showing strong gains – more than 16% on the S&P 500, and double that on the tech-heavy NASDAQ. It’s a dramatic turnaround from the bear market that plagued investors last year. These gains, and the overall positive outlook, were laid out clearly by Deutsche Bank’s head of global economics and thematic research, Jim Reid. In his recent note, Reid recalls the worries from the start of the year but looks forward to the  ( 11 min )

A correction in real estate investments trusts has put the sector on sale. Where to find 6% yields and growth.  ( 52 min )

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Many restaurant stocks have been a surprise this year. Here's why, and what may happen next.  ( 9 min )

Top growth stocks this month include Applied Digital, TG Therapeutics, and Immunovant, all of whose share prices have all gained more than 400% in the past year.  ( 24 min )

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Electric-vehicle maker Rivian Automotive said on Monday it delivered 12,640 vehicles in the second quarter, a 59% jump from the previous quarter. It produced 13,992 vehicles at its manufacturing facility in Normal, Illinois during the same period. Shares of the company rose 4% to $17.3 in premarket trading.  ( 6 min )

The company's Worldpay payments business is being valued at more than $15 billion, according to a report in the Financial Times.  ( 27 min )

Tesla delivered 466,140 vehicles in the second quarter of 2023. Wall Street was looking for roughly 445,000 to 447,000 units.  ( 24 min )

The Japanese stock market is roaring again as companies known for amassing cash hand it back to shareholders via dividends and buybacks.  ( 27 min )

(Bloomberg) -- Rivian Automotive Inc. built more battery-electric vehicles last quarter than Wall Street had anticipated as the company works to ramp up production and overcome a string of supply-chain issues.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountSingapore’s Star Banker Creates a Succession Dilemma for DBSThe company also reaffirm  ( 7 min )

The spread between the 2-year and 10-year U.S. Treasury note yields hit the widest since 1981 at -110.80 basis points in early trade, a deeper inversion than in March during the U.S. regional banking crisis.  ( 5 min )

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When the bull market gets going, Technology shines.  ( 7 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The deals are expected to fund upgrades to electricity-delivery systems as green-energy competition rises.  ( 31 min )

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Stock futures kicked off the new quarter mixed on Monday, with those on the Nasdaq rising to start a holiday-shortened week as Tesla rallied after deliveries easily topped estimates.  ( 7 min )

Russia and Saudi Arabia announced plans Monday to restrict oil supplies to global markets through August. Oil prices rose, with the most actively-traded contract for Brent futures rising about 1% to trade at $76.15 a barrel. Russia will voluntarily cut its exports by 500,000 barrels a day in Aug  ( 21 min )

The popular lending and borrowing protocols have seen hefty gains over the last 24 hours, which comes on the heels of a recent Ethereum rally.  ( 7 min )

Tesla shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working. The leading U.S. manufacturer of electric vehicles was set to increase its market capitalization by around $50 billion to $900 billion, based on its premarket share moves. At $277, the stock has already more than doubled in value this year and risen far above price targets set by analysts, prompting caution from some brokerages that margins will suffer because of the aggressive discounting spree.  ( 7 min )

The global economy is at a critical juncture that could weigh on prosperity for years to come, the Bank for International Settlements warns.  ( 8 min )

The massive rally in Apple's shares is forcing some fund managers to revisit a thorny dilemma: they may not own enough of the stock. Apple’s share price has soared 49% so far this year, ballooning its weight in stock indexes to record levels and pushing its market capitalization over $3 trillion. That hefty weighting means moves in Apple’s shares have an outsized influence on index performance.  ( 8 min )

UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined global workforce after its takeover of Credit Suisse. UBS recruited 50 financial advisers, including from Bank of America's Merrill Lynch unit, JPMorgan Chase's recently acquired First Republic Bank, Citigroup and Wells Fargo, on the first half of the year. Of those, 30 came after the Credit Suisse deal was announced in March.  ( 8 min )

The tech giant is scaling back the manufacturing of its Vision Pro goggles for 2024, the Financial Times reported.  ( 24 min )

Cryptos dropped last Friday following a report that the SEC called high-profile applications for Bitcoin ETFs inadequate. Traders now don't seem phased.  ( 27 min )

Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments. Western punishments over Russia's invasion of Ukraine have shifted global trade flows for its top export, with India emerging as the largest buyer of seaborne Russian oil even as it casts about for how to pay for it amid shifting sanctions. The U.S. dollar has long been the main global oil currency, including for purchases by India, but now the yuan is playing an increasingly important role in Russia's financial system because Moscow has been frozen out of the dollar and euro financial networks by international sanctions.  ( 9 min )

↗️ Tesla (TSLA): The electric carmaker's stock rose 6.3% premarket after the company posted a record quarter for sales. Other U.S. EV makers incl  ( 21 min )

The Supreme Court’s decision to eliminate affirmative action hits workplaces as diversity initiatives face pressure from supporters and skeptics.  ( 31 min )

(Bloomberg) -- Sweden’s embattled landlords are facing intensifying pressure to sell properties to raise cash, as $17 billion in debt matures over the next 18 months. Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla and BYD Post Record Sales on Surge in Electric-Car DemandFrench Riots Begin to Abate Even as Economic Costs MountSingapore’s Star Banker Creates a Succession Dilemma for DBSWhile real estate companies have resisted forced sales, time to act  ( 9 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Tesla announced second quarter deliveries of just 466,000 units Sunday, a record and about 4% higher than the roughly 445,000 to 447,000 Wall Street was looking for. Now analysts are weighing in.  ( 24 min )

Stock futures were mixed Monday ahead of the shortened holiday week but there were still plenty of movers in early trading.  ( 24 min )

The battery arm of Japan's Panasonic will need to build around four more factories to meet a plan to sharply boost annual capacity of batteries for electric vehicles by 2031, its head of technology told Reuters. The comments from Panasonic Energy Chief Technology Officer Shoichiro Watanabe mark the first time the Telsa supplier has given a clear indication of the number of additional factories it will need. It could also fuel expectations of more investment by Japanese companies into the United States, after Washington and Tokyo struck a deal in March that is key to giving Japanese manufacturers wider access to U.S. electric-vehicle (EV) tax credits.  ( 7 min )

(Bloomberg) -- Tesla Inc. and BYD Co. set sales records in the second quarter, widening their lead as the world’s best-selling electric-car makers.Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountTesla, BYD Post Record Sales on Demand for Electric VehiclesSingapore’s Star Banker Creates a Succession Dilemma for DBSElon Musk-led Tesla delivered 466,140 cars worldwide, outpacing Wall Street estimates. BYD  ( 8 min )

U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by wildfires and hurricanes. Higher reinsurance rates can affect the premiums which insurers charge to their customers. U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said.  ( 6 min )

Lowe’s is topping home-improvement rival Home Depot this year, as we thought it would. Rite Aid stock dropped to a multidecade low.  ( 24 min )

(Bloomberg) -- Southeast Asia is home to some of the world’s worst-performing stock indexes this year after foreign funds rotated out of the region into technology-heavy markets in North Asia. Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla, BYD Post Record Sales on Demand for Electric VehiclesUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysMost of the equity benchmarks in the  ( 7 min )

Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine war, according to data and industry executives. The exploration revival - on the part of European majors in particular - reflects a renewed commitment to oil and gas after Shell and BP went back on pledges to reduce output and invest in renewables as part of the energy transition. It responds to pressure from a majority of investors to maximise their oil and gas profits rather than invest in lower margin renewable energy businesses.  ( 9 min )

Barron’s checked in with investment strategists for their best advice for the second half of the year.  ( 24 min )

Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip their economies into recession prove accurate. Headline inflation has eased but underlying pressures remain high, keeping central banks hawkish. Canada resumed tightening and Britain and Norway made big moves in June, while U.S. Federal Reserve and European Central Bank officials at last week's Sintra forum signalled more rate hikes.  ( 8 min )

(Bloomberg) -- The yuan spiked in opening trading Monday, in a hint that authorities may have taken another tool back out of the box to help stabilize the under-pressure currency.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla, BYD Post Record Sales on Demand for Electric VehiclesUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysThe onshore yuan jumped as much as 0.5% to trade ex  ( 6 min )

The big question for the day is how will investors greet Tesla's announcement on Sunday that it delivered a record 466,000 vehicles in the second quarter, topping market estimates of around 445,000. Back in the real world, China's Caixin/S&P Global survey of manufacturing showed a slowdown to 50.5 in June, but that was not as bad as the 50.2 feared. The People's Bank of China again pushed back on a weaker yuan by fixing the currency well above expectations, but these official fixings are having less and less of an impact in the market and offshore dealers are testing to see if Chinese banks actually sell dollars to support the yuan.  ( 7 min )

Billionaire Masayoshi Son said he would make SoftBank “the investment company for the AI revolution” but he missed out on the most recent frenzy.  ( 30 min )

(Bloomberg) -- In Harare, Zimbabwe, home to the world’s biggest stock market rally, the gains come at break-neck speed: 5%, 10%, even 20% in a single session. Tally them up, and the market is up an astonishing 800% on the year. Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountTesla, BYD Post Record Sales on Demand for Electric VehiclesSingapore’s Star Banker Creates a Succession Dilemma for DBSBut in a  ( 8 min )

The yen remained hunkered just below the psychologically important barrier of 145 per U.S. dollar on Monday, while the dollar was on the back foot after U.S. economic data last week showed slightly easing inflation and consumer spending. The yen weakened 0.03% to 144.38 per dollar in early Asian hours to kick start the second half of the year having dropped 9% against the dollar in the first six months of the year. Against the euro, the yen was hovering at 157.495, below the 15-year low of 158 it touched last week.  ( 8 min )

Investing.com -- Shares of Chinese electric vehicle makers surged on Monday, amid increased optimism over the sector after the largest players in the country clocked a sizeable jump in vehicle deliveries through June  ( 7 min )

(Bloomberg) -- Asian shares were primed to open higher Monday as positive momentum from a rally on Wall Street and signs of moderating US inflation underpinned support for global stocks.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsFutures contracts for equities in Japan, Austr  ( 9 min )

(Bloomberg) -- Tesla Inc. delivered a record 466,140 cars worldwide in the second quarter, outpacing Wall Street estimates.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsThe results, posted Sunday, demonstrated that Chief Executive Officer Elon Musk’s vow to chase volume by cutt  ( 8 min )

Bitcoin traded flat above US$30,000 while most other leading token were mixed. Litecoin and Solana saw the biggest gains among the top 10 tokens.  ( 8 min )

Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from the U.S. Federal Reserves offset forecasts of tighter supplies amid OPEC+ cuts. Brent crude futures dropped 20 cents, or 0.3%, to $75.21 a barrel by 0044 GMT after settling up 0.8% on Friday. Fears of a further slowdown hurting fuel demand grew after data on Friday showed U.S. inflation still outpacing the central bank's 2% target and stoked expectations it would hike interest rates again.  ( 7 min )

Nederlanders betaalden in 2022 ruim 1,2 miljard keer met iDEAL. Op Black Friday verwerkte het bedrijf een recordaantal van 6,1 miljoen betalingen.  ( 3 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Directeur Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

De ruim 61.000 werknemers op mbo's kunnen rekenen op een flinke loonsverhoging, die voor de lagere inkomens kan oplopen tot 12 procent. Verder krijgen zij een eenmalige beloning van 1.000 euro bruto. Ook worden de jeugdlonen vanaf achttien jaar afgeschaft.  ( 3 min )

De Autoriteit Consument & Markt (ACM) heeft dinsdag groen licht gegeven voor een miljoeneninvestering van investeringsmaatschappijen Verlinvest en JamJar in Tony's Chocolonely.  ( 4 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Directeur Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

Minimaal tienduizenden Nederlanders met zonnepanelen kwamen zondag bedrogen uit. De prijs van stroom zakte tot onder nul, waardoor ze moesten betalen om de energie die ze niet gebruiken, terug te leveren aan het net. Die rekening kon oplopen tot enkele tientjes.  ( 4 min )

Investeringsmaatschappij Verlinvest mag chocoladefabrikant Tony's Chocolonely overnemen. Dat heeft de Autoriteit Consument & Markt maandag bepaald.  ( 4 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Voorzitter Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

Saoedi-Arabië gaat de vrijwillige verlaging van de olieproductie met een maand verlengen. Dat meldt de oliestaat in een verklaring die is gepubliceerd door staatspersbureau Saudi Press Agency.  ( 3 min )

Saoedi-Arabië gaat de vrijwillige verlaging van de olieproductie met een maand verlengen. En dat is slecht nieuws, want dat kan ervoor zorgen dat benzine en diesel aan de Nederlandse pomp mogelijk nog duurder wordt.  ( 3 min )

Het kabinet wil het aanbod van duurzame energie in de komende decennia zoveel mogelijk uitbreiden. Daarbij moet de overheid strakkere controle houden over de aanleg van alle benodigde kabels en elektriciteitsstations, zodat er geen schaarste ontstaat.  ( 5 min )

Als het aan minister Carola Schouten (Armoedebeleid) ligt, krijgt een deel van de uitwonende studenten een eenmalige energietoeslag van 400 euro.  ( 3 min )

Klanten van ING kunnen vanaf vandaag contant geld opnemen zonder betaalpas, maar met een zogenoemde cashcode. Die kun je opvragen via de ING-app.  ( 3 min )

De ruim 61.000 werknemers op de mbo's kunnen rekenen op een flinke loonsverhoging, die voor de lagere inkomens kan oplopen tot 12 procent. Verder krijgen zij een eenmalige beloning van 1.000 euro bruto. Ook worden de jeugdlonen vanaf achttien jaar afgeschaft.  ( 3 min )

Klanten van ING kunnen vanaf vandaag contant geld opnemen zonder betaalpas, maar met een zogenoemde cashcode. Die kun je opvragen via de ING-app.  ( 3 min )

Schiphol breidt de mogelijkheid uit om een tijdstip te reserveren om door de beveiligingscontrole te gaan. In eerste instantie kon je hier alleen gebruik van maken als je binnen Schengen reisde. Nu kan het in principe voor alle vliegreizen.  ( 3 min )

De 20 miljoen euro die vandaag beschikbaar was als tegemoetkoming in de studiekosten vanuit de overheid, was binnen twee uur vergeven. Het is ruim 24.000 mensen gelukt om een aanvraag te doen.  ( 4 min )

Ons gebruik van sociale media verandert. We plaatsen minder over onszelf op Facebook, maar delen juist meer in kleine WhatsApp-groepen met vrienden of familie. Jongeren ruilen Instagram in voor TikTok. Al die veranderingen zijn voor Facebook-moederbedrijf Meta een grote uitdaging.  ( 4 min )

De Europese Unie overweegt een Russische bank weer toegang te geven tot het wereldwijde financiële systeem. Die stap is nodig om de graandeal te redden.  ( 3 min )

Heineken neemt afscheid van de Nederlandse Pepsi-bottelaar Vrumona. De bierbrouwer wil zich meer richten op bieren in plaats van de zoete Vrumona-drankjes. Een Deens frisdrankbedrijf koopt het onderdeel over.  ( 3 min )

Kunstmatige intelligentie als ChatGPT maakt het voor cybercriminelen makkelijker om malware te ontwikkelen. Ook helpt AI kwaadwillenden om bijvoorbeeld phishingmails geloofwaardiger te maken. Daarvoor waarschuwt de Nationaal Coördinator Terrorismebestrijding en Veiligheid (NCTV).  ( 4 min )

Autofabrikant Tesla heeft met de verkoop van 466.140 auto's een geslaagd tweede kwartaal achter de rug. Dat is 83 procent meer dan een jaar eerder.  ( 3 min )

Vandaag om 10.00 uur gaat het loket voor het STAP-budget in de huidige vorm voor het laatst open. Daarna worden de regels aangepast, maar het is nog niet bekend hoe precies. Na dit jaar stopt de regeling helemaal.  ( 4 min )

Klanten van Albert Heijn zien nog te vaak andere bedragen op de kassabon dan ze in de winkel zien, meldt de Consumentenbond. Zo hangen er bij 'prijsfavorieten' borden met een lager bedrag dan de klant daadwerkelijk afrekent.  ( 3 min )

Er zit weinig schot in de klimaatafspraken die het kabinet wil maken met de twintig grootste CO2-uitstoters. Het kabinet wilde de onderhandelingen dit jaar al afronden, maar het blijft voorlopig bij een handvol intentieverklaringen.  ( 7 min )

Mastercard's Payment Network segment brings in the most revenue. Its International Markets drive geographic growth as well as the bulk of revenues.  ( 20 min )

Airbnb's business in North America brings in half of the revenue for the company.  ( 20 min )

The quick answer to this question is that an IPO can be shorted upon initial trading, but it is not an easy thing to do at the start of an offering.  ( 19 min )

Monoline refers to the practice of specializing in a single line or discipline of the financial services business.  ( 19 min )

Scale in is the process of purchasing shares in increments once a stock dips to a certain price and continuing to buy until the stock stops falling.  ( 19 min )

European Medicines Agency (EMA) is a government entity that promotes access to and approval of medications in European countries.  ( 19 min )

Explore detailed analysis and information of some of the most popular exchange-traded funds tracking the long- and short-term high-yield municipal bond market.  ( 20 min )

Credit default insurance is a financial agreement to mitigate the risk of loss from default by a borrower or bond issuer.  ( 19 min )

Financial independence is not easy, but with careful planning and a little bit of luck it is possible.  ( 23 min )

The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies  ( 22 min )

Binance is a cryptocurreny exchange that offers additional blockchain-specific services.  ( 25 min )

The Russell 1000 Index, a subset of the Russell 3000 Index, represents the 1000 top companies by market capitalization in the United States.  ( 21 min )

The companies that make up the S&P 500 are called its constituents and include many well-known names that represent the premier companies in their industries. Find out which 25 stocks top the list.  ( 22 min )

The Russell 2000 Index measures the performance of the 2,000 smaller stocks that are listed in the Russell 3000 Index.  ( 24 min )

Top growth stocks this month include Applied Digital, TG Therapeutics, and Immunovant, all of whose share prices have all gained more than 400% in the past year.  ( 24 min )

Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 27 min )